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You Want to Buy a New Sports Car 3 Years

Question 61

Multiple Choice

You want to buy a new sports car 3 years from now,and you plan to save $4,200 per year,beginning immediately.You will make three deposits in an account that pays 5.2% interest.Under these assumptions,how much will you have 3 years from today?


A) $13,956.42
B) $14,654.24
C) $15,386.95
D) $16,156.30

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