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Question 11 (1 point) On December 28 each year, you are planning to make a charitable donation of $4240 and are in the 10 percent

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Question 11 (1 point) On December 28 each year, you are planning to make a charitable donation of $4240 and are in the 10 percent tax bracket. You are planning to deposit the tax savings in a savings account for the next 5 years at 5 percent, what will be the future value of that savings account? Use the appropriate Time Value of Money table [Exhibit 1-A, Exhibit 1-B, Exhibit 1- C, OR Exhibit 1-D] (Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response.) Question 11 (1 point) On December 28 each year, you are planning to make a charitable donation of $4240 and are in the 10 percent tax bracket. You are planning to deposit the tax savings in a savings account for the next 5 years at 5 percent, what will be the future value of that savings account? Use the appropriate Time Value of Money table [Exhibit 1-A, Exhibit 1-B, Exhibit 1- C, OR Exhibit 1-D] (Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response.)

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