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Deposit at the end of five years

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Suppose you deposit $2,500 at the end of year 1, nothing at the end of year 2, $750 at the endof year 3, and $1,300 at the end of year 4. Assuming that these amounts will be compounded at an annual rate of 9 percent, how much will you have on deposit at the end of five years?

Reference no: EM131210600

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