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Martina plans to retire in 5 years. She plans to collect annual payments of $49,100 for several years. Her first annual payment is expected to
Martina plans to retire in 5 years. She plans to collect annual payments of $49,100 for several years. Her first annual payment is expected to be received in 5 years and her last annual payment is expected in 11 years. She can earn 12.99 percent per year. How much money does Martina expect to have in 5 years?
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