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It is now the beginning of the year. Assume that, starting at the end of...

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Accounting

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It is now the beginning of the year. Assume that, starting at the end of the year, you will make deposits of $975 each year into a savings account. You will make a total of 6 annual deposits. If the savings account interest rate is 5%, how much money will you have at the end of year 6 ? (In other words, what is the future value of this annuity?)

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