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1. You decide to invest $100 a year for 3 years. You make the first $100 investment today. How much will these investments be worth

1. You decide to invest $100 a year for 3 years. You make the first $100 investment today. How much will these investments be worth 4 years from today if you invest at an annual rate of return of 10%? Solve this problem using the formula for the future value of an ordinary annuity.

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