To save for the future he will deposit 50000 at the


David McCarthy is a professional baseball player who expects to play in the major leagues for 10 years. To save for the future, he will deposit $50,000 at the beginning of each year into an account that pays 11% compounded annually. How much will he have in this account at the end of 10 years?

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Business Management: To save for the future he will deposit 50000 at the
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