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Refer back to Problem 12.4. Members of the Go-Kart Klub do not wish to wait for more than

Refer back to Problem 12.4. Members of the Go-Kart Klub do not wish to wait for more than

Refer back to Problem 12.4. Members of the Go-Kart Klub do not wish to wait for more than five years to build their clubhouse. They have decided to start a fundraising campaign to increase their ability to save each year between $7000 and whatever is necessary to have $50 000 saved in five years. Construct a table and a graph that illustrate how the number of years they must wait depends on the amount they save each year. What additional funds per year will allow them to save $50 000 in five years? Use a 10 percent interest rate.
Abhinav 27-Nov-2019

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