Determine the investors total account balance exactly 12, Financial Management

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Determine the investors total account balance exactly 12

An investor invests $10,000 on his birthday today, in an account that earns 7% annually. She will make 42 additional annual investments, with each being 4% larger than the previous one. Determine the investor's total account balance exactly 12 months after the final investment is made.

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Financial Management: Determine the investors total account balance exactly 12

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