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You plan to save the following amounts

$3085 today

$6281 per year for the next 7 years

$8150 per year for the following 1 years

$12127 per year for the following 8 years

$14983 per year for the final 3 years

Assuming you earn a 8.1% rate of return during the entire period, how much will you have at the END of the time horizon? Round answer to the nearest dollar.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92810127

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