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You make the following deposits into an account that pays interest at 8 percent annually. Open the account today

with a deposit of $10,000, then $10,000 for the first and second year, $12,000 for the following three years, $9,000 at the end of the sixth year, and $15,000 at the end of the seventh year. How much will you have in your account at the end of ten years?

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The amount you will have in... View the full answer


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