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5) What is the present value of $3,500 invested at the end of each year for 15 years at a compound interest rate which is
5) What is the present value of $3,500 invested at the end of each year for 15 years at a compound
interest rate which is equal to the last digit of your student ID number p.a., if the last digit of your
use an interest rate of 4% p.a.
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