I plan to deposit $ 213 into my retirement every year for the next 25 years. The first deposit will be made today (that is, at t = 0) and the last deposit will be made at the end of year 24 (that is, at t = 24). I plan to make no other deposits. Assuming that I will earn 13.07 % p.a. on my retirement funds, how much money will I have accumulated 36 years from today (that is, at t = 36)? (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign).
I plan to deposit $ 213 into my retirement every year for the next 25 years. The first deposit will be made today
(that is, at t = 0) and the last deposit will be made at the end of year 24 (that is, at t = 24). I plan to make no other deposits. Assuming that I will earn 13.07 % p.a. on my retirement funds, how much money will I have accumulated 36 years from today (that is, at t = 36)? (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign).
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