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Assume you make the following investments: A. You invest $7,250 for three years at 12% interest. B. In a different accounting earning 12% interest, you
Assume you make the following investments:
A. You invest $7,250 for three years at 12% interest. B. In a different accounting earning 12% interest, you invest $2,500 at the end of each year for three years. |
Requirement
Calculate the value of each investment at the end of three years.
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