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Consider making an investment of $8,300 each year. If the first $8,300 investment is made at the end of this year, how much will you

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Consider making an investment of $8,300 each year. If the first $8,300 investment is made at the end of this year, how much will you have in: a. 10 years at 8 percent? (Enter your answer as a positive number rounded to 2 decimal places.) b. 40 years at 9 percent? (Enter your answer as a positive number rounded to 2 decimal places.)

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