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Bertina plans to retire in 4 years. She plans to collect annual payments of $53,800 for several years. Her first annual payment is expected to
Bertina plans to retire in 4 years. She plans to collect annual payments of $53,800 for several years. Her first annual payment is expected to be received in 5 years and her last annual payment is expected in 11 years. She can earn 10.23 percent per year. How much money does Bertina expect to have in 4 years?
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