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Payments of $1000 each are made at the end of every year for 5 years to a savings account. Find the accumulated value or future

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Payments of $1000 each are made at the end of every year for 5 years to a savings account. Find the accumulated value or future value of the account at the end of 5 years. The interest rate is 6% compounded annually. Select one: a. 7648.09 b. 8648.09 c. 5000.09 d. 5737.09 e. 5637.09 ho

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