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Sammy's business has its ups and downs. Some years students buy more pizza than other years. Thus, Sammy makes the following contributions to his retirement
Sammy's business has its ups and downs. Some years students buy more pizza than other years. Thus, Sammy makes the following contributions to his retirement fund: year 1 $5000, year 2 $4,000, year 3 $6,000, year 4 $3,500 and year 5 $7,000. The interest rate is 6%. How much is Sammy's retirement fund worth today? A. $22,597 B. $25,500 C. $21,318 D. $17,561
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