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Please help me solve this: Your client owns a security that will make to future payments. The first payment comes at the end of year
Please help me solve this: Your client owns a security that will make to future payments. The first payment comes at the end of year 2 in the amount of $350, and the second payment comes at then of year 8 in the amount of !,150. The interest rate is 7.10%. Calculate the total amount that your client's will have at the end of year 8.
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