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K Part 2 of 2 Points: 2.33 of 7 Save Jeb is entering high school and is determined to save money for college. Jeb
K Part 2 of 2 Points: 2.33 of 7 Save Jeb is entering high school and is determined to save money for college. Jeb feels he can save $4,500 each year for the next 4 years from his part-time job if Jeb is able to Invest at 4%, how much will he have when he starts college? Of this amount, how much is cash invested, and how much is interest eamed? View the Present Value of 51 table. View the Future Value of $1 table. (Round your answer to the nearest dollar) View the Present Value of Ordinary Annuity of $1 table. View the Exture Value of Ordinary Annuity of 51 table If Jeb is able to invest at 4%, how much will he have when he starts college? Amount Jeb will have when he starts college $ 10.107 Of this amount, how much is cash invested, and how much is interest earned? Amount of cash invested Amount of interest earned
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