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1. What is the future value of $925 deposited for one year earning an 8 percent interest rate annually? 2. How much would be in

1. What is the future value of $925 deposited for one year earning an 8 percent interest rate annually?

2. How much would be in your savings account in 9 years after depositing $340 today if the bank pays 9 percent per year?

3. Compute the value in 34 years of a $1,000 deposit earning 10 percent per year.

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