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Assume that $1,000 is deposited today, two years from now, four years from now, six years from now and eight years from now. At 8%

  • Assume that $1,000 is deposited today, two years from now, four years from now, six years from now and eight years from now. At 8% interest compounded annually, determine the future value at the end of year 9. Select one: a. $4,174 b. $7,521 c. $2,085 d. $1,895

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