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On your fortieth birthday, you invest $50,000 and expect to receive an 8% annual return on your investment. Which of the following will tell you

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On your fortieth birthday, you invest $50,000 and expect to receive an 8% annual return on your investment. Which of the following will tell you how much you will have when on your 65th birthday/ 1) The present value of single amount 2) The present value of an annuity 3) The future value of a single amount 4) The future value of an annuity You decide to save $100 each month for a special vacation five years from now. Which of the following will tell you how much you'll have? O 1) The present value of single amount 2) The present value of an annuity 3) The future value of a single amount 4) The future value of an annuity

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