Calculating annuity values if you deposit 5000 at the end


Question: Calculating Annuity Values. If you deposit $5,000 at the end of each year for the next 20 years into an account paying 9.6 percent interest, how much money will you have in the account in 20 years? How much will you have if you make deposits for 40 years?

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Finance Basics: Calculating annuity values if you deposit 5000 at the end
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