Question: You are saving for a car that you plan to purchase in 5 years. You plan to put $ 3 , 3 0 0 in

You are saving for a car that you plan to purchase in 5 years. You plan to put $3,300 in savings (which earns 7%, compounded annually) at the end of each year until then. How much will you have saved for the car at the end of the 5 years?

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