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13 Which formula properly calculates the future value of monthly deposits of $400 left on deposit for 20 years at an annual return of 8%?

13 Which formula properly calculates the future value of monthly deposits of $400 left on deposit for 20 years at an annual return of 8%? Assume an initial deposit of $50,000. Your formula must return a positive value. Initial deposit Monthly deposit Annual return Number of years Payments per year $50,000 $400 8% 20 12
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Which formula properly calculates the future value of monthly deposits of $400 left on deposit for 20 years at an annual return of 8% ? Assume an initial deposit of $50,000. Your formula must return a positive value. =FV(B6/B8,B7B8,B4) =FV(+B6/B8,B7B8,+B5) =FV(B6/B8,B7B8,B5,B4) =FV(B6/B8,B7B8,B5,B4)

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