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1 . Suppose Marsha plans to invest $ 1 , 0 0 0 at the End of each year for the next five years. She

1. Suppose Marsha plans to invest $1,000 at the End of each year for the next five years. She expects to earn 13 percent per year. (a). How much will Marsha have after 5 years? (b). How much would Marsha need to deposit today in order to have the same results?

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