# Future Value of Wise Buying. If Eric Sanchez saves $60 a month by using coupons and doing

## Question:

Future Value of Wise Buying. If Eric Sanchez saves $60 a month by using coupons and doing comparison shopping,

**(a)** what is the amount for a year?

**(b)** What would be the future value of this annual amount over 10 years, assuming an interest rate of 3 percent?

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## Step by Step Answer:

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