You want to go to Europe 5 years from now, and you can save $3,300 per year, beginning 1 year from today. You plan to deposit the funds in a mutual fund that you expect to return 8% per year. Under these conditions, how much will you have just after you make the fifth deposit, 5 years from now.
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You want to go to Europe 5 years from now, and you can save $3,300 per year, beginning 1 year from t...
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