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A friend plans to buy a big-screen TV/entertainment system and can afford to set aside $1,320 toward the purchase today. If your friend can earn

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A friend plans to buy a big-screen TV/entertainment system and can afford to set aside $1,320 toward the purchase today. If your friend can earn 7.5%, compounded yearly, how much can your friend spend in four years on the purchase? 00 Select one: a $1,004 b. $1.444 C. $1.763 d. $1,805 15/2001

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