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You want to buy a new ski boat 2 years from now, and you plan to save $ 5 , 8 0 0 per year,

You want to buy a new ski boat 2 years from now, and you plan to save $5,800 per year, beginning one year from today. You will deposit your savings in an account that pays 6.2% interest. How much will you have just after you make the 2nd deposit, 2 years from now?
$9,089
$9,209
$11,960
$12,079
$14,471

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