Question: Dave has saved $29,000 for a down payment on a home and plans to save another $5900 at the end of each year for the
Dave has saved $29,000 for a down payment on a home and plans to save another $5900 at the end of each year for the next five years. He expects to earn 2.70% compounded annually on his savings. How much will he have in five years time? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Future value $ ?
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