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You want to quit your job and return to school for an MBA degree 3 years from now, and you plan to save $7,000 per

  1. You want to quit your job and return to school for an MBA degree 3 years from now, and you plan to save $7,000 per year, beginning immediately. You will make 3 deposits in an account that pays 5.2% interest. Under these assumptions, how much will you have 3 years from today?

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