In 1999, Joelle spent $3,600 on her health care. If this amount increased by 5 percent per

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In 1999, Joelle spent $3,600 on her health care. If this amount increased by 5 percent per year, what would be the amount Joelle spent in 2009 for the same health care? (Hint: Use the time value of money table in Chapter 1 .) (Obj. 6)

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Focus On Personal Finance

ISBN: 9780073382425

3rd Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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