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If you invest $9,200 per period for the following number of periods, how much would you have in each of the following instances? Use Appendix
If you invest $9,200 per period for the following number of periods, how much would you have in each of the following instances? Use Appendix C for an approximate answer, but calculate your final answer using the formula and financial calculator methods.
a. In 10 years at 7 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Future Value?
b. In 25 years at 12 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Future Value?
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