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Jenkins Company is looking at investing $30,000 each year in a company that has promised a return of 5% for the next 8 years What
Jenkins Company is looking at investing $30,000 each year in a company that has promised a return of 5% for the next 8 years What would be the value of the investment at the end of 8 years? Future value of $1 6% 8% 5 4% 1217 5% 1276 1338 7% 1403 1.400 6 1264 1.340 1419 1.501 1.587 7 1316 1.407 1504 1606 1.714 8 1369 1.477 1.594 1.718 1.851 0 1423 1551 1689 1.838 1.999. Future value of ordinary annuity of $1: 4% 5% 0% 1% 8% S 5416 5526 5637 5751 5867 CHE OA $280,470 OB $176,0101 OC. $44,070 OD. $44.310 Future value of ordinary annuity of $1: 4% 5% 6% 7% 5 5.416 5.526 5.637 5.751 8% 5.867 6 6.633 6.802 6.975 7.153 7.336 7 7.898 8.142 8.394 8.654 8.923 8 9.214 9.549 9.897 10.26 10.64 9 10.58 11.03 11.49 11.98 12.49
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