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Problem 1: You want to quit your job and go back to school for a law degree 4 years from now, and you plan to save $3,500 per year, beginning immediately. You will make 4 deposits in an account that pays 5.7% interest. Under these assumptions, how much will you have 4 years from today?
a. $ 16,112
b. $ 16,918
c. $ 17,763
d. $ 18,652
e. $ 19,584
Prepare the necessary journal entries for Perez Computers. (Recording Bad Debts) Duncan Company reports the following financial information before adjustments.
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