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You would like to travel to South America 10 years from now, and you can save $5,000 annually, beginning immediately. You plan to deposit the

You would like to travel to South America 10 years from now, and you can save $5,000 annually, beginning immediately. You plan to deposit the funds in a mutual fund that you think will return 8.5% per year. Under these conditions, how much would you have 10 years from now?

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