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You have graduated and start work to save money in the future 6 years for buying an item. You will save $1,500,$1,650,$1,850 at the end
You have graduated and start work to save money in the future 6 years for buying an item. You will save $1,500,$1,650,$1,850 at the end of the first three years, and then $2,250 in the following three years. The current Interest rate =12.45% Calculate the present value of your savings in the following 6 years
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