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How much will $8,000 invested at the end of each year grow to in five years, assuming an interest rate of 10% compounded annually? (FV

How much will $8,000 invested at the end of each year grow to in five years, assuming an interest rate of 10% compounded annually? (FV of $1, PV of $1, FVA of $1, and PVA of $1).

a. $48,841

b. $40,000

c. $100,623

d. $38,652

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