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An investment offers $10,000 at the end of each year for ten years. (a) If you can earn 5 percent annually, what is this investment

An investment offers $10,000 at the end of each year for ten years. (a) If you can earn 5 percent annually, what is this investment worth today? (b) If you do not spend the annual payment but invest it at 5 percent, how much will you have after the ten years have lapsed?

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