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George Jones is planning on a cruise for his 70th birthday party. He wants to know how much he should set aside at the end

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George Jones is planning on a cruise for his 70th birthday party. He wants to know how much he should set aside at the end of each month at 6% interest to accumulate the sum of $4,800 in five years. He should use a calculation involving the: Multiple Choice future value of an ordinary annuity. future value of a single amount. present value of an ordinary annuity present value of a single amount. Claudine Corporation will deposit $4,000 into a money market account at the end of each year for the next three years. How much will accumulate by the end of the third and final payment if the account earns 12% interest? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (EV of S1, PV of St, EVA of S1. and EVA of S1). Multiple Choice $12.000 513.498 111,64e \$12.300

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