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How much will john have when reaches age

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Reference no: EM132591947

Question 1: John is 19 years old. Starting when he turns 20, he will deposit $2,000 into an account paying 12% annual interest. He will continue to do so until he turns 26. After these deposits, he will stop making additional deposits but will leave the money in the account earning the same rate. How much will John have when he reaches age 65?

Reference no: EM132591947

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