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Compute the future value of $100 at an 8 percent interest rate for the following time periods: (a) 5 years into the future. (10 points)

Compute the future value of $100 at an 8 percent interest rate for the following time periods:

(a) 5 years into the future. (10 points)

(b) 10 years into the future. (10 points)

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