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Want to Buy a New Ski Boat 2 Years from Now

Question 92

Multiple Choice

want to buy a new ski boat 2 years from now, and you plan to save $8,200 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?


A) $15,260
B) $16,063
C) $16,908
D) $17,754
E) $18,642

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