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We plan to save $1000 today and at the end of each of the next two years. At a fixed 7.5% interest rate, how much

We plan to save $1000 today and at the end of each of the next two years. At a fixed 7.5% interest rate, how much will we have in the bank three years from today?

$3,562.24
$3,472.92
$3,362.51
$3,645.81

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