Question

You deposit $1,300 at the end of each year into an account paying 8.1 percent interest....

You deposit $1,300 at the end of each year into an account paying 8.1 percent interest.
Required:
(a) How much money will you have in the account in 19 years?
(b) How much will you have if you make deposits for 38 years?
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b)

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