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1) Maggie just put $2,000 in a savings account paying 5% annual interest. How much money will she have in the account at the end

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1) Maggie just put $2,000 in a savings account paying 5% annual interest. How much money will she have in the account at the end of 4 years of college? 2) Sara just got a job and plans to fund her individual retirement account (IRA) with $1,600 every year for the next 30 years. If she can eam 9% annual return on her contributions, how much will she have after 30 years? 3) Billy has $700 in his bank account. How long will it take for him to reach $900 goal for a new laptop assuming he can invest that money and earn 12% interest annually

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