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8 In planning for your retirement, you expect to save $5000 in year 1, $6000 in year 2, and amounts increasing by $1000 each
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Answer #1

Amount at end of year 20 = 5000 * (F/A,10%,20) + 1000 * (F/G,10%,20)

= 5000 * 57.274999 + 1000 * 372.749995

= 659124.99 ~ 659125

option d is correct answer

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