In: Finance
Starting at the end of this year, you plan to make annual deposits of $6,000 for 4 years followed by annual deposits of $10,000 for the following 5 years. The deposits earn interest of 3.5%. What will the account balance be at the end of 13 years?
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a) $89,136 |
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b) $92,507 |
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c) $96,003 |
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d) $99,628 |
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e) $103,386 |