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If you save $2,000 a year from today, and $3,000 three years from today in an...

If you save $2,000 a year from today, and $3,000 three years from today in an account that earns 7% per year, how much will you have in three years?

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Expert Solution

Amount after three years = 2000*(1+7%)^2 + 3000 = 5289.80

jeff jeffy answered 2 years ago
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