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1. To fund your dream around-the-world vacation, you plan to save $2,500 per year for the next 10 years starting one year from now. If

1. To fund your dream around-the-world vacation, you plan to save $2,500 per year for the next 10 years starting one year from now. If you can earn an interest rate of 5.23 percent, how much will you have saved for your vacation?

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