A service contract for a new video television projection system costs $120 a year. You expect to

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A service contract for a new video television projection system costs $120 a year. You expect to use the system for five years. Instead of buying the service contract, what would be the future value of these annual amounts after five years if you earn 4 percent on your savings? (Obj. 1)

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Focus On Personal Finance

ISBN: 9780073382425

3rd Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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