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ASAP please At an annual interest rate of 8% compounded annually, $5,300 will accumulate to a total of $7,210,65 in 5 years. (PV of $1,

ASAP please

At an annual interest rate of 8% compounded annually, $5,300 will accumulate to a total of $7,210,65 in 5 years. (PV of $1, FV of $1, PVA or S1, and FVA of \$1) (Use appropriate factor(s) from the tables provided.) True or False

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