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6) You are contributing money to an investment account so that you can purchase a house in eight years. You plan to contribute seven payments

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6) You are contributing money to an investment account so that you can purchase a house in eight years. You plan to contribute seven payments of $8,000 a year- the first payment will be made one year from now, and the final payment will be made eight years from now. If you earn 11% in your investment account, how much money will you have at the end of eight years

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