Your sister is going to put savings away for a total of 21 years. Every...
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Your sister is going to put savings away for a total of 21 years. Every three years she will put away savings of $12,000, starting with her first savings three years from today. The annual interest rate is 4%. What is the future value (FV) of these cash flows, exactly 21 years from today? $53,931 $75,423 $110,320 $122,896
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