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please show all work! (10 pts) Ten years from today you need $27,500. You plan to deposit $150 monthly, with the first payment to be

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please show all work!

(10 pts) Ten years from today you need $27,500. You plan to deposit $150 monthly, with the first payment to be made at the end of the month, into an account that pays 8 percent effective annual rate. Will you have enough saved? Show the work to support your conclusion. e45 000. (40

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