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Susan plans to spend $7,000 on her new fashion store opening in the next 8 years. Assume this savings account grows 5% per year. what

Susan plans to spend $7,000 on her new fashion store opening in the next 8 years. Assume this savings account grows 5% per year. what will her savings be in eight years?

Hint: Under END mode, input for N, I/Y, and PMT, solve for FV

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