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You plan to make a series of deposits in an individual retirement account. You will deposit 1,000 SAR today, 2,000 SAR in two years, and
You plan to make a series of deposits in an individual retirement account. You will deposit 1,000 SAR today, 2,000 SAR in two years, and 2,000 SAR in five years. If you withdraw 1,500 SAR in three years and 1,000 SAR in seven years, how much will you have after eight years if the interest rate is 7 percent? Draw a timeline
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