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An international NGO deposits $14,000 at the end of each year into a community d...
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An international NGO deposits $14,000 at the end of each year into a community development fund that earns an annual interest rate of 7%. The first deposit will be made one year from today, and the NGO plans to make these annual contributions for 10 years. How much will be in the fund immediately after the final deposit is made? The answer is closest to:
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