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2 Nancy Cardoza invested $3,050 in ExxonMobil stock because her research indicated the company should average an 8 percent return over the next four years.

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2 Nancy Cardoza invested $3,050 in ExxonMobil stock because her research indicated the company should average an 8 percent return over the next four years. If ExxonMobil does earn 8 percent each year, what will her $3,050 investment be worth at the end of four years? Use Exhibit 1-A. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) ints Future value $ eBook Print References

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