Assuming you earn a 81 rate of return during the entire


You plan to save the following amounts

$3085 today

$6281 per year for the next 7 years

$8150 per year for the following 1 years

$12127 per year for the following 8 years

$14983 per year for the final 3 years

Assuming you earn a 8.1% rate of return during the entire period, how much will you have at the END of the time horizon? Round answer to the nearest dollar.

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Financial Management: Assuming you earn a 81 rate of return during the entire
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