At the beginning of each year you deposit the following
At the beginning of each year, you deposit the following into a growth mutual fund that earns 6 percent per year. Year deposit:
1. $5,000
2. $7,500
3. $4,500
4. $5,500
5. $6,200
Total: $28,700
How much should the fund be worth at the end of 5 years?
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