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How much will you have after ten years

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Question - Assume that you plan to buy a house and lot 10 years from now, and you estimate that you can save P80,000 per year. You plan to invest the money in a financial institution that pays 7% annual interest, and you will make the annual investment of P80,000 at the end of each year for 10 years. How much will you have after 10 years?

Reference no: EM132925134

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