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Assume you make the following investments: a . You invest a lump sum of 7 5 5 0 for 5 years at 1 2 %

Assume you make the following investments:
a.
You invest a lump sum of 7550 for 5 years at 12% interest. What is the investment's value at the end of years?
b.
In a different account earning 12%interest, you invest 1510 at the end of each year for five years. What is the investment's value at the end of years?
c.
What general rule of thumb explains the difference in the investments' future values?

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