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help Spending 3-4] Brenda plans to reduce her spending by $110 a month. Calculate the future value of this increase in savings over the next
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Spending 3-4] Brenda plans to reduce her spending by $110 a month. Calculate the future value of this increase in savings over the next 8 years. (Assume an annual deposit to her savings account, and an annual interest rate of 8 percent.) Use Exhibit 1-B. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Future valueStep by Step Solution
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