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25. Suppose you invest $1,200 at the end of each of the next 12 years. (a) If your opportunity cost rate is 6 percent compounded

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25. Suppose you invest $1,200 at the end of each of the next 12 years. (a) If your opportunity cost rate is 6 percent compounded annually, how much will your investment be worth after the last $1200 payment is made? (6) What will be the ending amount if the payments are made at the beginning of each year

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