The first annual investment wil occur on his 25th birthday


An investor decides to invest $10,000 in his birthday every year in an account that earns 7% annually.

The first annual investment wil occur on his 25th birthday and the final investment will occur on his 65th birthday.

What is the investor's total account balance on his 65th birthday. Please show work.

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Financial Management: The first annual investment wil occur on his 25th birthday
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