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You are planning on traveling to Australia and New Zealand 3 years from now, and you can save $2,500 per year, beginning one year from

You are planning on traveling to Australia and New Zealand 3 years from now, and you can save $2,500 per year, beginning one year from today. You plan to deposit the funds in a mutual fund that you think will return 4.0% per year. Using these assumptions, how much would you have just after you make the 3rd deposit, 3 years from now?

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