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Javier is currently paying $1,200 in interest on his credit cards annually. If, instead of paying interest, he saved this amount every year, how much
Javier is currently paying $1,200 in interest on his credit cards annually. If, instead of paying interest, he saved this amount every year, how much would he accumulate in a tax-deferred account earning 7 percent over 8,13,or 18 years? If, instead of paying interest, this amount was saved every year in a tax-deferred account earning 7 percent over 8 years, the amount accumulated would be $
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