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If you start making $ 6 0 monthly contributions today and continue them for five years, what s their future value if the compounding rate

If you start making $

60

monthly contributions today and continue them for five years, what

s their future value if the compounding rate is

10.25

percent APR? What is the present value of this annuity?

Note: Do not round intermediate calculations and round your final answers to

2

decimal places.

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