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What is the amount that will have been saved

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Reference no: EM133002507

Problem 1: A savings plan makes annual deposits of $2,880 each at the end of the first 4 years, followed by 3 end-of-the-year deposits of $2,640 each. The annual rate of return is 5.40%. What is the amount that will have been saved when the final deposit is made?

Reference no: EM133002507

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