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Assume Eric Sanchez saves $ 4 5 a month by using coupons and doing comparison shopping. a . What is the annual savings amount? b
Assume Eric Sanchez saves $ a month by using coupons and doing comparison shopping.
a What is the annual savings amount?
b What would be the future value of this annual amount over years, assuming an interest rate of percent? Exhibit A Exhibit B Exhibit C Exhibit D
Note: Use appropriate factors from the tables provided. Round time value factor to decimal places and final answers to decimal places.
a Annual savings amount
b Future value
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