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Calculate the future value of $2,000in a.4years at an interest rate 10%per year. b.8years at an interest rate of 10%per year. c.4years at an interest

Calculate the future value of $2,000in

a.4years at an interest rate 10%per year.

b.8years at an interest rate of 10%per year.

c.4years at an interest rate of 20%per year.

d. Why is the amount of interest earned in part (a )less than half the amount of interest earned in part (b

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