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Ramon and Mia want to invest $4,636 at the end of this year into an...

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Finance

Ramon and Mia want to invest $4,636 at the end of this year into an investment account. They plan to invest 8% more next year, and will continue to increase their contributions 8% from each year to the next. Assuming the annual investment rate of return is 5%, what will be the value of the investment at the end of 6 years?

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