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For each of the following, compute the future value Beatrice invests $1,480 in an account that pays 4 percent simple interest. How much more could

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For each of the following, compute the future value Beatrice invests $1,480 in an account that pays 4 percent simple interest. How much more could she have earned over a 5-year period if the interest had compounded annually? What is the present value of $12.950 to be received 3 years from today if the discount rate is 5 percent

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