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1. You decide to begin saving towards the purchase of a new car in 5 years. If you put $1,000 at the end of each

1. You decide to begin saving towards the purchase of a new car in 5 years. If you put $1,000 at the end of each of the next 5 years in a savings account paying 6% compounded annually, how much will you accumulate after 5 years

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