You just graduated and you plan to work for 10 years and


You just graduated and you plan to work for 10 years and then leave for the Australian outback bush country. You figure you can save $1500 a year for the first 5 years and $2000 a year for the next 5 years. These savings cash flow will start one year from now. In addition , your family has just given you a $10000 graduation gift. If you put the gift now, and your future savings when they start, into an account which pays 7 percent compounded annually what will your financial stake be when you leave Australia 10 years from now?

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Financial Management: You just graduated and you plan to work for 10 years and
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