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If $10,000 is Invested annually in an account with 7% interest compounded yearly, what will the balance of the account be after six years? Refer
If $10,000 is Invested annually in an account with 7% interest compounded yearly, what will the balance of the account be after six years? Refer to the following Future Value table: Future value of annuity of $1: $79, 050 $71, 530 $18, 020 $83, 290 If $15,000 is invested annually in an account with 9% interest compounding yearly, what will the balance of the account be after five years? Refer to the following Future Value table: Future value of annuity of $1: $26, 180 $26, 211 $58, 350 $25, 125
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