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If you invest $1,200 per year at the end of the year for 40 years at an 8% rate of return, you will have accumulated___?
If you invest $1,200 per year at the end of the year for 40 years at an 8% rate of return, you will have accumulated___?
a. $48,000
b. $51,840
c. $310,862
d. $379,000
e. $384,000
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