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After graduation, you plan to work for Dynamo Corporation for 12 years and then start your own business. You expect to save and deposit

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After graduation, you plan to work for Dynamo Corporation for 12 years and then start your own business. You expect to save and deposit $9,000 a year for the first 6 years (t = 1 through t-6) and $18,000 annually for the following 6 years (t-7 through t = 12). The first deposit will be made a year from today. In addition, your grandfather just gave you a $27,500 graduation gift which you will deposit immediately (to). If the account earns 7% compounded annually, how much will you have when you start your business 12 years from now? Oa. $287,3111 Ob. $255,074 Oc$296,324 Od. $294,074 e. $283,259

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