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You expect to save $5,000 in year 3, $6,000 in year 4, and amounts increasing by...

You expect to save $5,000 in year 3, $6,000 in year 4, and amounts increasing by $1,000 each year through year 20. If your investments earn 10% per year, the amount you will have at the end of year 20 is closest to:

a) $227,996

b) $74,915

c) $503,988

d) $275,990

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