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You want to buy a new sports car 3 years from now, and you plan to save $4,200 per year,...

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Introduction: corporate finance
                        
More Details: You want to buy a new sports car 3 years from now, and you plan to save $4,200 per year, beginning one year from today. You will deposit your savings in an account
                that pays 5.2% interest. How much will you have just after you make the 3rd deposit, 3 years from now?
                Answer
                
                $11,973
                
                $12,603
                
                $13,267
                
                $13,930
                
                $14,626
asked 7 months ago by anonymous

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