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James Canter of Auburn, Alabama, is a good shopper. He always compares shops and uses...

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Finance

James Canter of Auburn, Alabama, is a good shopper. He always compares shops and uses coupons every week. James figures he saves at least $60 a month as a result. Assuming an interest rate of 4 percent, what is the future value of this amount over ten years? Round your answer to the nearest cent. (Hint: Use Appendix A-3.) Round Future Value of a Series of Equal Amounts in intermediate calculations to four decimal places

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