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You want to purchase a motorcycle 4 years from now, and you plan to save $6,200 per year, beginning immediately. You will make 6 deposits
You want to purchase a motorcycle 4 years from now, and you plan to save $6,200 per year, beginning immediately. You will make 6 deposits in an account that pays 4.5% interest. Under these assumptions, how much will you have 6 years from today?
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