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Given below are the future value factors for 1 at 8% for one to five periods. Interest compounded annually is 8%. What amount will be
Given below are the future value factors for 1 at 8% for one to five periods. Interest compounded annually is 8%. What amount will be in a bank account three years from now if $8,000 is invested each year for four years with the first investment to be made today?
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