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The present value of a 13 -year annuity is $7,400. The discount rate is 8%. What is the future value of this annuity at the
The present value of a 13 -year annuity is $7,400. The discount rate is 8%. What is the future value of this annuity at the end of year 13 ? Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.67, type 12345.67 )
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