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Cuckoo wishes to know how much he should invest, now, at a 7% rate of interest, in order to accumulate a sum of $5,000 in

Cuckoo wishes to know how much he should invest, now, at a 7% "rate of interest," in order to accumulate a sum of $5,000 in four years, so he can buy a potato van. He should use the table for the:

(a) Present value of $1;

(b) Future value of $1;

(c) Present value of an ordinary annuity of $1;

(d) Future value of an annuity due of $1;

(e) Future Shock!

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