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    Personal Financial Planning Study Set 1
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    Exam 4: Managing Your Cash and Savings
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    You Have a Savings Plan into Which You Put $3,000
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You Have a Savings Plan into Which You Put $3,000

Question 69

Question 69

Essay

You have a savings plan into which you put $3,000 per year.How much will you accumulate in the account in 25 years if the interest rate is 10%? (Show all work.)

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$295,038 or $295,041...

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