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Tom and Surl decide to take a worldwide cruise. To do so, they need to save $23,000. They plan to invest $3,300 at the end

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Tom and Surl decide to take a worldwide cruise. To do so, they need to save $23,000. They plan to invest $3,300 at the end of each year for the next six years to earn 9% compounded annually. 1-a. Calculate the future value of the investment. (FV of $1. PV of SI. FVA of S1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) Future Value 1-6. Will Tom and Suri reach their goal of $23,000 in six years? Yes No

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