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Dr. J. wants to buy a Dell computer which will cost $3,500 three years from today. He would like to set aside an equal amount

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Dr. J. wants to buy a Dell computer which will cost $3,500 three years from today. He would like to set aside an equal amount at the end of each year in order to accumulate the amount needed. He can earn 7% annual return. How much should he set aside? Use Appendix C (Round "FV Factor" to 3 decimal places and your final answer to 2 decimal places.) $1, 188,65 $1, 138,65 $1, 063,65 $1, 088,65

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