For the last 19 years, Mary has been depositing $500 in her savings account , which has earned 5% per...
Stehan11For the last 19 years, Mary has been depositing $500 in her savings account , which has earned 5% per year, compounded annually and is expected to continue paying that amount. Mary will make one more $500 deposit one year from today. If Mary closes the account right after she makes the last deposit, how much will this account be worth at that time?
13 years ago
999999.99
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