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Given below are the future value factors for 1 at 12% for one to five periods. Interest is compounded annually at 12%. What amount will
Given below are the future value factors for 1 at 12% for one to five periods. Interest is compounded annually at 12%. What amount will be in a bank account three years from now if $9600 is invested each year for four years with the first investment to be made today? $96001.5744$96001.1204($96001.405)+($96001.254)+($96001.120)+$9600($96001.120)+($96001.254)+($96001.405)+($96001.574) What would you pay for an investment that pays you $50000 at the end of each year for the next ten years and then returns a maturity value of $637000 after ten years? Assume that the relevant interest rate for this type of investment is 8% $334569.$630556.$309790.$320770
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