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1. Shortly after graduation, you put $3,000 into an account that gives you 12% interest. How much will you have in 25 years if you

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1. Shortly after graduation, you put $3,000 into an account that gives you 12% interest. How much will you have in 25 years if you make no further deposits and do not withdraw any money over that time period? A. $9,000.00 B. $12,000.00 C. $12,300.00 D. $51,000.19 E. None of the above 2. What is the future value of the following ordinary annuity: $750 per year for 12 years at 12% annually compounding interest? A. $4,237.67 B. $8,400.00 C. $13,161.55 D. $18,099.85 E. None of the above

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