Go to the Student Edition on this textbooks Web site. In Chapter 10, find Stop Smoking and
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Go to the Student Edition on this textbook’s Web site. In Chapter 10, find “Stop Smoking and Save.” This calculator allows you to estimate how much you will accumulate over several years if you stop smoking and invest the savings. The calculator assumes the compounding frequency equals the investing frequency. Based on a half-pack per day consumption and the price of cigarettes where you live, how much would you accumulate after 30 years if your savings earn 9%?
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