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Business, 29.01.2020 02:48 bananaslada

You would like to travel in south america 5 years from now, and you can save $3,100 per year, beginning one year from today. you plan to deposit the funds in a mutual fund that you think will return 8.5% per year. under these conditions, how much would you have just after you make the 5th deposit, 5 years from now?

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