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Brief Exercise 5-3 (Algo) Future value; single amount [LO5-2] You are saving for a new boat: You place $11,000 in an investment account today that

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Brief Exercise 5-3 (Algo) Future value; single amount [LO5-2] You are saving for a new boat: You place $11,000 in an investment account today that earns 4% compounded annually, How much will be in the account after (a) three years, (b) four years, or (c) five years? Note: Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places. (EV of $1, PV or S1, EVA of S1, and PVA of 51)

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