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Annamae Leduc is saving for retirement by putting away $24,640.00 every four months for 8 years. How much is this investment worth at the end

Annamae Leduc is saving for retirement by putting away $24,640.00 every four months for 8 years. How much is this investment worth at the end of 8 years if payments begin today? Assume an interest rate of 4.00%. a. $230,065.72 b. $700,777.14 c. $168,106.76 d. $509,945.82

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