To save money for a sabbatical to earn a masters degree, you deposit $2000 at the end
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To save money for a sabbatical to earn a master’s degree, you deposit $2000 at the end of each year in an annuity that pays 7.5% compounded annually.
a. How much will you have saved at the end of five years?
b. Find the interest.
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a b 11617 520...View the full answer
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