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If you deposit an ordinary annuity of $ 10,000 per year for 20 years, determine...

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Finance

If you deposit an ordinary annuity of $ 10,000 per year for 20 years, determine the amount accumulated at the end of year 30, assuming a growth rate of 10% compounded annually.

a. 94,270

b. 572,750

c. 1,485,713

d. 1,644,940

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