Question: Problem P6-8 (similar to) Question Help Javier is currently paying $1,200 in interest on his credit cards annually. If, instead of paying interest, he saved

 Problem P6-8 (similar to) Question Help Javier is currently paying $1,200

Problem P6-8 (similar to) Question Help 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 8 percent over 9, 14. or 19 years? Click on the table icon to view the FVIFA table ! If, instead of paying interest, this amount was saved every year in a tax-deferred account earning 8 percent over 9 years, the amount accumulated would be $ (Round to the nearest dollar.)

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