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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 for years at interest. What is the investment's value at the end of years
b
In a different account earning interest you invest 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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