In finance, the purpose of investing is to make a profit from the investment.
An investment is a commitment to assets to increase value over time. Investing requires the sacrifice of some existing asset, such as time, money, or effort.
As per the information, 120 dollars will increase every year for 25 years with an investment value of 500 dollars.
Therefore, the amount that the account be worth at the end of 25 years will be 500 + (120 * 25) equal to 3500.
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