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How much will $3,000 invested at the end of each year grow to in 5 years, assuming an interest rate of 8% compounded annually? Note:
How much will
$3,000
invested at the end of each year grow to in 5 years, assuming an interest rate of
8%
compounded annually?\ Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (FV of
$1
, PV of
$1
, , FVA of
$1
, and PVA of $1).
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