Question: Unless otherwise instructed, use two (2) decimal places for both percentages and dollar amounts. This is enforced, like in Connect L If you need to
Unless otherwise instructed, use two (2) decimal places for both percentages and dollar amounts. This is enforced, like in Connect L If you need to enter units, use % for percentages, $ for dollar amounts, x for times and years for years Question 22 (4 points) You just graduated, and you plan to work for 10 years and then to leave for the Australian "Outback" bush country. You figure you can save $1000 a year for the first 5 years and $2000 a year for the next 5 years. These savings cash flows will start one year from now. In addition, your family has just given you a $10000 graduation gift. (Nice!) If you put the gift now, and your future savings when they start, into an account which pays 4.50 percent compounded annually, what will your financial "stake" be when you leave for Australia 10 years from now? Your Answer Answer units
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