Question: You have decided to begin saving for retirement. You will deposit $900 in a bank account. Then you will deposit an additional $900 every following

You have decided to begin saving for retirement. You will deposit $900 in a bank account. Then you will deposit an additional $900 every following year for 24 years (an annuity due). If your bank pays 3.36% interest, how much will you accumulate in the account at the end of 25 years.

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