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To fund your dream around-the-world vacation, you plan to save $1,175 per year for the next 15 years starting one year from now. If you

To fund your dream around-the-world vacation, you plan to save $1,175 per year for the next 15 years starting one year from now. If you can earn an interest rate of 5.53 percent, how much will you have saved for your vacation?

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