Stop Smoking and Save Calculator Go to the Student Edition on this student textbook's OLC. In the navigation bar, select "Chapter 10" in the drop-down box. In the list of resources for Chapter 10, select "Links in Student textbook" and then click on the link named "Stop Smoking and Save." This calculator allows you to estimate how much you will accumulate over several years if you stop smoking and invest the savings. The calculator assumes that the compounding frequency equals in investing frequency. Based on a half-pack per day consumption and the price of cigarettes where you live, how much would you accumulate after 30 years if your savings earn 9%?

Question

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The Answer of Stop Smoking and Save Calculator Go to the Student Edition on this student textbook's OLC. In the navigation bar, select "Chapter 10" in the drop-down box. In the list of resources for Chapter 10, select "Links in Student textbook" and then click on the link named "Stop Smoking and Save." This calculator allows you to estimate how much you will accumulate over several years if you stop smoking and invest the savings. The calculator assumes that the compounding frequency equals in investing frequency. Based on a half-pack per day consumption and the price of cigarettes where you live, how much would you accumulate after 30 years if your savings earn 9%?