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are In the following questions, unless otherwise stated, assume that all cash flows are end-of-the-period cash flows. Time Run Attempt du 55 Minut Question 8

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are In the following questions, unless otherwise stated, assume that all cash flows are end-of-the-period cash flows. Time Run Attempt du 55 Minut Question 8 1 pts Assume that today is the end of 2020 and you are considering investing $8,000 starting at the end of 2021 in an investment account. This investment amount will then grow at an annual rate of 5% You plan on ending your contribution to the investment account at the end of 2028. If the annual return on the investment account is expected to be 8% p.a., the future value of this investment when you end your contribution will be closest to: O $53,807 $99.593 O $47.725 O $81.793

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