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Question 1 a) You would like to travel in 5 years from now, and you can save $3,100 per y ear, beginning one year from
Question 1 a) You would like to travel in 5 years from now, and you can save $3,100 per y ear, beginning one year from today. You plan to deposit the funds in a mutu al fund that you think will return 8.5% per year. Under these conditions, how much would you have just after you make the 5th deposit, 5 years from no w
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