How much will you have saved at the end of five? years

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Reference no: EM131317288

Suppose that you earned a? bachelor's degree and now? you're teaching high school. The school district offers teachers the opportunity to take a year off to earn a? master's degree. To achieve this? goal, you deposit $5000 at the end of each year in an annuity that pays 4.5% compounded annually.

A. How much will you have saved at the end of five? years?

B. Find the interest.

Reference no: EM131317288

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