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On December 28 each year, you are planning to make a charitable donation of $3640 and are in the 20 percent tax bracket. You are

On December 28 each year, you are planning to make a charitable donation of $3640 and are in the 20 percent tax bracket. You are planning to deposit the tax savings in a savings account for the next 5 years at 8 percent, what will be the future value of that savings account?

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