Question 1163427
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<pre>

It is


         FV = {{{5000*(((1+0.08)^17-1)/0.08)}}} = 168751.13 dollars.
</pre>

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For all explanations and details, see the lessons

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=http://www.algebra.com/algebra/homework/Sequences-and-series/Ordinary-Annuity-saving-plans-and-geometric-progressions.lesson>Ordinary Annuity saving plans and geometric progressions</A>

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/Sequences-and-series/Solved-problem-on-Ordinary-Annuity-saving-plans.lesson>Solved problems on Ordinary Annuity saving plans</A>

in this site.


The lessons contain &nbsp;EVERYTHING &nbsp;you need to know about this subject, &nbsp;in clear and compact form.


When you learn from these lessons, &nbsp;you will be able to do similar calculations in semi-automatic mode.



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comment from student: I must have incorrectly posed the question... when I use the online calculator from NerdWallet 
(which I discovered after sending in the question) it comes out 207,221. I think the difference is my desire 
to contribute 5,000 each year, not just initially. Thanks.
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<U>My response</U> :  &nbsp;&nbsp;I read your comment and can not understand, &nbsp;what this collection of words means.


More concretely, I do not understand what you want from me . . .