You will receive 2500 in bonuses each year for the next


You will receive 2,500 in bonuses each year for the next three years (at the end of each year). You are hoping to use these bonuses for a car down payment in about ten years. At a 7.79% discount rate, how much will you have saved? (Round to two decimal places)

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Financial Management: You will receive 2500 in bonuses each year for the next
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