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You are hoping to buy a new boat 5 years from now, and you plan to save $7,200 per year, beginning one year from today.
You are hoping to buy a new boat 5 years from now, and you plan to save $7,200 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% interest. How much will you have 5 years from now? (please use Microsoft excel to solve problem)
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