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6 November, 09:47

You deposit $5000 at end of each year for 10 years. assume you are earning 8.88% per year for the entire problem. after 10 years of making these deposits, you keep the money in the bank, still earning 8.88%. how many years (after you made the last deposit will it take for your money to grow to $534,480?

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  1. 6 November, 10:47
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    I say around 15-25 yrs but really i am not sure just being honest
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