Jacquie plans to deposit 3500 into her savings account for, Ask an Expert

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Jacquie plans to deposit $3500 into her savings account for each of the next 5 years, and then $2000 per year for 5 years after that (all at the year end) she anticipates interest rates to be 6% for the next 3 years and then 9% thereafter. How much will she have in her account after the 10 years?

A. $30,427.01

B. $43,593.56

C. $34,367.06

D. $42,954.28

E. $35,164.86

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Financial Management, Finance

Category:- Financial Management
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