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Future Value of a Lump Sum Problem. Lanisha currently earns $45,000 per year. She expects her salary to increase by 4.0% per year. She plans

  1. Future Value of a Lump Sum Problem. Lanisha currently earns $45,000 per year. She expects her salary to increase by 4.0% per year. She plans to work for another 30 years. How much will she earn in her final year of work?

SHOW YOUR INPUTS IN THE TABLE BELOW:

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I/Y

PMT

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CPT FV

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