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Suppose you plan to save EUR 1,646 today and EUR 1,646 at the end of each of the next 2 years. Your bank offers you
Suppose you plan to save EUR 1,646 today and EUR 1,646 at the end of each of the next 2 years. Your bank offers you a fixed interest rate of 12.52% on your savings. How much will you have saved 3 years from now? (rounded to two decimal places) Could you please solve it step by step? Financial Management and Investment planning
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