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You start a landscaping business as a side job the summer before starting your engineering program. You estimate that you can earn $ 1 8

You start a landscaping business as a side job the summer before starting your engineering program. You estimate that you can earn $180 a week doing lawns for 12 weeks each
summer. You plan to invest your earnings in an account that has an interest rate of 3.9% compounded annually.
a. If your program takes you three years to complete, how much will your savings be worth when you graduate?
Investing your weekly earnings into an account earning 3.9% interest will give you $ after three years.
(Round to the nearest cent as needed.)
b. You expand your business to include raking leaves and shoveling driveways. You can now charge your clients a monthly fee throughout the year, earning you $180 per week each
week of the year. What is your projected future value after three years, assuming the interest rate remains 3.9%?
The future value is $
(Round to the nearest cent as needed.)
c. Your market research indicates that you will have to reduce your weekly price to attract annual customers. You will instead earn $120 per week. What will your total savings now be
by the time you graduate?
The future value is $
(Round to the nearest cent as needed.)
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