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(Future value of an ordinary annuity) What is the future value of $480 per year for 8 The future value of $480 per year for

(Future value of an ordinary annuity) What is the future value of $480 per year for 8 The future value of

$480

per year for

8

years compounded annually at

11

percent is

$nothing.

(Round to the nearest cent.)

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