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help please You are saving for a Porsche Carrera Cabriolet, which currently sells for nearly half a million dollars. Your plan is to deposit $31,500
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You are saving for a Porsche Carrera Cabriolet, which currently sells for nearly half a million dollars. Your plan is to deposit $31,500 at the end of each year for the next 10 years. You expect to earn 8 percent each year. Required: 1. Determine how much you will have saved after 10 years. 2. Determine the amount saved if you were able to deposit $36,000 each year. 3. Determine the amount saved if you deposit $31,500 each year, but with 10 percent interest. Future Value of \$1 Present Value of \$1. Future Value Annuity of \$1. Present Value Annuity of \$1.) Note: Use appropriate factor(s) from the tables provided Complete this question by entering your answers in the tabs below. Determine how much you will have saved after 10 years. Note: Round your final answer to the nearest whole dollar. You are saving for a Porsche Carrera Cabriolet, which currently sells for nearly half a million dollars, Your plan is to deposit $31,500 at the end of each year for the next 10 years. You expect to earn 8 percent each year. Required: 1. Determine how much you will have saved after 10 years. 2. Determine the amount saved if you were able to deposit $36,000 each year. 3. Determine the amount saved if you deposit $31,500 each year, but with 10 percent interest. Future Value of \$1Present Value of \$1, Euture Value Annuity of \$1, Present Value Annuity of \$1.) Note: Use appropriate factor(s) from the tables provided Complete this question by entering your answers in the tabs below. Determine the amount saved if you were able to deposit $36,000 each year. Note: Round your final answer to the nearest whole doliar Step by Step Solution
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