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SHOW ALL YOUR WORK! 1. Compute the future value of: a. An initial $2,000 compounded annually for 10 years at 8% b. An initial $2,000

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SHOW ALL YOUR WORK! 1. Compute the future value of: a. An initial $2,000 compounded annually for 10 years at 8% b. An initial $2,000 compounded annually for 10 years at 10% c. An annuity of $2,000 for 10 years at 8% d. An annuity of $2,000 for 10 years at 10% 2. Calculate how much you would have in a savings account 5 years fror invest $1,000 today, given that the interest paid is 8% compounded: a. Annually

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