Problem regarding the investment account

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You will deposit $128 each year into an investment account that earns 5% interest (an APR, with interest compounded annually). Your first deposit will be exactly one year from today, and you'll make a total of 10 deposits. How much will be in your account 10 years from today?

Do not round any intermediate work. Round your final answer to 2 decimal places

Reference no: EM131873834

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