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How tQuestion 9 You plan to make a series of deposits in an individual retirement account. You will deposit $ 1 , 0 0 0
How tQuestion You plan to make a series of deposits in an individual retirement account. You will deposit $ today, $ in two years, and $ in five years. If you withdraw $ in three years and $ in seven years, assuming no withdrawal penalties and an interest rate of percent,
a What is the present value of these cash flows?
b How much will you have after eight years?
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