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You would like to travel in South America 5 years from now, and you can save $6,000 per year, beginning one year from today. You

You would like to travel in South America 5 years from now, and you can save $6,000 per year, beginning one year from today. You plan to deposit the funds in a mutual fund that you think will return 8.5% per year. Unde these conditions, how much would you have just after you make the 5th deposit, 5 years from now? Select the correct answer. O a. $35,524.34 O b. $35,533.64 O c. $35,561.54 O d. $35,542.94 O e. $35,552.24
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You would like to travel in South America 5 years from now, and you can save $6,000 per year, beginning one year from today. You plan to deposit the funds in a mutual fund that you think will return 8.5% per year. Und these conditions, how much would you have just after you make the 5 th deposit, 5 years from now? Select the correct answer. a. $35,524.34 b. $35,533.64 c. $35,561.54 d. $35,542.94 e. $35,552.24

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