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It is now the beginning of the year. Assume that, starting at the end of the year, you will make deposits of $308 each year

It is now the beginning of the year. Assume that, starting at the end of the year, you will make deposits of $308 each year into a savings account. You will make a total of 8 yearly deposits. If the savings account interest rate is 7%, what is the present value of this savings plan

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