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1.If you were to save $500 at the end of each year for the next...

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Accounting

1.If you were to save $500 at the end of each year for the next 10 years and earn 6% interest, how much will you have at the end of 10 years?

2.You are planning on buying a house in 5 years and need will need $15,000 as a down payment. How much should you invest today assuming an annual interest rate of 6%?

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