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4 In an attempt to have funds for a down payment, Carmella Carlson plans to save $ 4 , 0 5 0 a year for

4
In an attempt to have funds for a down payment, Carmella Carlson plans to save $4,050 a year for the next five years. With an interest rate of 3 percent, what amount will Carmella have available for a down payment after the five years? (Exhibit 1-A, Exhibit 1-B, Exhibit 1C, Exhibit 1-D)
Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to 2 decimal places.
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