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(1 point) Problem 9 NPV and Reinvestment Rates Matthew invests $1000 at the end of each year for 8 years in a fund earning 4%

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(1 point) Problem 9 NPV and Reinvestment Rates Matthew invests $1000 at the end of each year for 8 years in a fund earning 4% effective. He reinvests the interest earned at the end of each year at 7% effective. How much does Matthew have in total at the end of 8 years? AV AVI + AV2-8000

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