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Question 9 6 p t s You want to buy new kitchen appliances 3 years from now, and you plan to save $ 5 ,

Question

9

6 p t s

You want to buy new kitchen appliances

3

years from now, and you plan to save $

5, 200

per year, beginning one year from today. You will deposit your savings in an account that pays

7.2 %

interest. How much will you have

3

years from now?

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