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K Future Value. Sandra wants to deposit $140 each year for her son. If she places her deposits in a savings account that pays 7%
K Future Value. Sandra wants to deposit $140 each year for her son. If she places her deposits in a savings account that pays 7% per year, what amount will be in the account in 19 years? If she places it in a savings account that pays 7 percent, the amount that will be in the account in 19 years is $ (Round to the nearest cent.) (Use your financial calculator or you may use the Financial Tables in Appendix C in computing your answer. 2 +
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