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In: Finance

Derek will deposit $2,706.00 per year into an account starting today and ending in year 25.00....

Derek will deposit $2,706.00 per year into an account starting today and ending in year 25.00. The account that earns 10.00%. How much will be in the account 25.0 years from today?

Solutions

Expert Solution

Future Value = Amount * ( 1 + rate)^(End year - given year)

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