(Answered) After graduation you plan to work for ithaca corp for 10

Finance

After graduation, you plan to work for Ithaca Corp for 10 years and then start your own business. You expect to save $5,000 a year for the first 5 years and $10,000 annually for the following 5 years, with the first deposit being made a year from today. In addition, you just received a $15,000 graduation gift which you will deposit immediately. If the account earns 8% compounded annually, how much will you have when you start your business 10 years from now?

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