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QUESTION
You just opened a brokerage account, depositing $4,500. You expect the account to earn an interest rate of 8. You also plan on depositing $3,000 at...
You just opened a brokerage account, depositing $4,500. You expect the account to earn an interest rate of 8.57%. You also plan on depositing $3,000 at the end of years 5 through 10. What will be the value of the account at the end of 20 years, assuming you earn your expected rate of return?
