On December 28 each year, you are planning to make a charitable donation of $2320...
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Finance
On December 28 each year, you are planning to make a charitable donation of $2320 and are in the 30 percent tax bracket. You are planning to deposit the tax savings in a savings account for the next 17 years at 4 percent, what will be the future value of that savings account?
Use the appropriate Time Value of Money table [Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, OR Exhibit 1-D]
(Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response.)
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