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Joan Is Saving to Open Her Own Dress Shop in 10

Question 90

Multiple Choice

Joan is saving to open her own dress shop in 10 years. She currently has $10,000. In addition, she plans to save $2,000 per year for the next 5 years and $3,000 per year for the following 5 years. How much will Joan have in 10 years if she earns a 10 % return on her savings?


A) $76,129
B) $63,925
C) $44,255
D) $159,370

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