13) You set up an investment account that automatically takes $3000 out of your checking account on...
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Question:
13)
You set up an investment account that automatically takes $3000 out of your checking account on the last day of the year every year for 5 years. You will earn an average of 5%/year on this account and plan to not touch it till the end of the 5th year. What will you have at the end of the 5th year?
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