Your uncle has agreed to deposit $8035 in your brokerage account at the beginning of each of
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Question:
Your uncle has agreed to deposit $8035 in your brokerage account at the beginning of each of the four years (t=0, t=1, t=2, t=3).You estimate that you can earn 7 percent a year on your investments.How much will you have in your account four years from now (at t = 4)?(Assume that no money is withdrawn from the account until t = 4)
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