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( Future value ) Selma and Patty Bouvier are twins, and both work at the Springfield DMV . They decide to save for retirement, which

(Future value) Selma and Patty Bouvier are twins, and both work at the Springfield DMV. They
decide to save for retirement, which is 35 years away. They'll both receive an 8 percent annual
return on their investment over the next 35 years. Selma invests $2,000 per year at the end of each
year only for the first 10 years of the 35-year period-for a total of $20,000 saved. Patty doesn't start
saving for 10 years and then saves $2,000 per year at the end of each year for the remaining 25
years-for a total of $50,000 saved. How much will each of them have when they retire? Put the answer in Future Value Formula in Excel
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