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a. The future value of $15,000 invested at 5 percent for 9 years. b. The future value of eight annual payments of $1,400 at 6
a. The future value of $15,000 invested at 5 percent for 9 years. b. The future value of eight annual payments of $1,400 at 6 percent interest. c. The amount that must be deposited today (present value) at 6 percent to accumulate $32,000 in five years. d. The annual payment on a 11-year, 8 percent, $30,000 note payable
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