Question: On March 1 , 2 0 2 1 , you opened an account with a deposit of $ 5 0 0 . You plan to

On March 1,2021, you opened an account with a deposit of $500. You plan to continue to make $500 deposits every year until March 1,2040, when you will make your last deposit. How much will be in the account on March 1,2050 if the account earns 5% annually?

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