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What amount will be in your account at the end of six years

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Reference no: EM133099424

Question - You plan to deposit $2,200 per year for 6 years into a money market account with an annual return of 2%. You plan to make your first deposit one year from today.

a. What amount will be in your account at the end of 6 years?

b. Assume that your deposits will begin today. What amount will be in your account after 6 years?

Reference no: EM133099424

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