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Calculate the future worth of 5 payments of $5000 from year three to year 10, and a single payment of $7000 on year one in
Calculate the future worth of 5 payments of $5000 from year three to year 10, and a single payment of $7000 on year one in addition to the regular payments at 5% per year.
a: $95491.20
b: $41000.20
c: $47745.5
d: $58604.6
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