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Question 20 of 20 - / 0.4 View Policies Current Attempt in Progress Given below are the future value factors for 1 at 8% for
Question 20 of 20 - / 0.4 View Policies Current Attempt in Progress Given below are the future value factors for 1 at 8% for one to five periods. Interest is compounded annually at 8%. Periods Future Value of 1 at 8% 1 1.080 2 1.166 3 1.260 4 1.360 5 1.469 What amount will be in a bank account three years from now if $11600 is invested each year for four years with the first investment to be made today? O $11600 x 1.080 x 4 O $11600 x 1.080) + ($11600 x 1.166) + ($11600 x 1.260) +($11600 x 1.360) O $11600 x 1.360 x 4 O ($11600 x 1.260) + ($11600 x 1.166) + ($11600 x 1.080) + $11600
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