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In an attempt to have funds for a down payment in five years, you plan to save $5650 each year for the next five years.
In an attempt to have funds for a down payment in five years, you plan to save $5650 each year for the next five years. With an interest rate on your savings of 3% APR, how much will you have in your account after five years? Your Answer: Answer Question 19 (0.15 points) You had $3127 withheld for federal income taxes and a tax liability of $2543 ? How much should you be refunded? Your Answer: Answer Question 20 (0.15 points) You save $2000 each year into a tax-deferred retirement account. If you are in a 25% tax bracket and itemize deductions on your tax rturn, how much will you save on your taxes each year
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