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Author Question: Jacquie plans to deposit $3,500 into her savings account for each of the next 5 years, and then ... (Read 87 times)

azncindy619

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Jacquie plans to deposit $3,500 into her savings account for each of the next 5 years, and then $2,000 per year for 5 years after that (all at year end). She anticipates interest rates to be 6% for the next 3 years and then 9% thereafter. How much will she have in the account after the 10 years?
◦ $43,593.56
◦ $30,427.02
◦ $34,367.06
◦ $35,164.86
◦ $42,954.28


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Marked as best answer by azncindy619 on Apr 25, 2021

joshbk44

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azncindy619

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it


pangili4

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Reply 3 on: Yesterday
:D TYSM

 

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