Question: Suppose you deposit $ 2 , 0 0 0 at the end of each year for 3 years, followed by annual deposits of $ 9

Suppose you deposit $2,000 at the end of each year for 3 years, followed by annual deposits of $9,000 for the next 5 years. You then leave the balance untouched earning interest. How much would you have in the account by the end of year 15 if the interest rate is 1.0% ? Calculate.

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