You will deposit 880 each year into an investment account, Finance Basics

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You will deposit 880 each year into an investment account

Question: You will deposit $880 each year into an investment account that earns 4% interest (an APR, with interest compounded annually). Your first deposit will be exactly one year from today, and you'll make a total of 10 deposits. How much will be in your account 10 years from today?

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Finance Basics: You will deposit 880 each year into an investment account

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