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P6-1 (similar to) (Future value of an ordinary annuity) What is the future value of $500 per year for 8 years compounded annually at 10

P6-1 (similar to) (Future value of an ordinary annuity) What is the future value of $500 per year for 8 years compounded annually at 10 percent? The future value of $500 per year for 8 years compounded annually at 10 percent is $ 22461.80). (Round to the nearest cent.)

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