question archive Mira has deposited $40,000 in a saving account, earning 10% annually
Mira has deposited $40,000 in a saving account, earning 10% annually
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Mira has deposited $40,000 in a saving account, earning 10% annually. She plans to leave the funds in the savings account for five years. She aims to use the funds after five years to cover an obligation of $70,000. What recommendation would you make to Mira?
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