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GMG Studios plans to invest $ 5 4 , 0 0 0 at the end of each year for the next three years. There are
GMG Studios plans to invest $ at the end of each year for the next three years. There are three investment options available.
Annual Rate Interest Compounded Period Invested
Option Annually years
Option Annually years
Option Annually years
Required:
Determine the accumulated investment amount by the end of the third year for each of the options. FV of $ PV of $ FVA of $ and PVA of $
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