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14. You deposit 2,000 into an account at the beginning of each year for 8 y ears The account earns interest at an annual effective

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14. You deposit 2,000 into an account at the beginning of each year for 8 y ears The account earns interest at an annual effective rate of received from this account must be reinvested at a 5% annual effective rate. 8%, but the interest D) Wlhat annual efetive rate of return vili' you have carned cn How much will you have at the end of 8 years? b) What annual effective rate of return will you have earned on your 8 deposits of 2,000

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