Question 22 (4 points) You just graduated, and you plan to work for 10 years and then to leave for the Australian "Outback" bush country. You figure you can save $1000 a year for the first 5 years and $2000 a year for the next 5 years. These savings cash flows will start one year from now. In addition, your family has just given you a $10000 graduation gift. (Nice!) If you put the gift now, and your future savings when they start, into an account which pays 6.5Qpercent compounded annually, what will your financial "stake" be when you leave for Australia 10 years from now? Your Answer: Answer units Previous Page Next Page Page 22 of 25