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Maria Miller is 20 years old and plans to make the following investments beginning next year. She will invest $3,200 in each of the next
Maria Miller is 20 years old and plans to make the following investments beginning next year. She will invest $3,200 in each of the next three years and will then make investments of $3,650. $3.725, $3.875, and $4.000 over the following four years. If the investments are expected to earn 8.8 percent annually, how much will Maria have when she turns 30? (Round answer to 2 decimal places, eg. 15.25. Do not round factor values.) Future value
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