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7) Your bank offers you a special promotion where you can invest $250 a month for 5 years and earn 4%/a interest compounded monthly. If

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7) Your bank offers you a special promotion where you can invest $250 a month for 5 years and earn 4%/a interest compounded monthly. If you accept the promotion, what is the total amount of the investment at the end of its term? Lump Sum OR Annuity Present Value OR Future Value

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