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If you save $500 a year at the end of every year for 8 years, what amount would you have in 8 years if your

If you save $500 a year at the end of every year for 8 years, what amount would you have in 8 years if your savings earn an annual compound interest income of 8%?

$4,320

$4,948.32

$5,318.81

$8,640.40

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