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Derek will deposit $1,880.00 per year for 15.00 years into an account that earns 8.00%. Assuming...

Derek will deposit $1,880.00 per year for 15.00 years into an account that earns 8.00%. Assuming the first deposit is made 7.00 years from today, how much will be in the account 36.00 years from today?

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Answer #1

Please refer to below spreadsheet for calculation and answer. Cell reference also provided.

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