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This problem demonstrates the dependence of an annuity's future value on the size of the periodic payment. Suppose a fixed amount will be invested at
This problem demonstrates the dependence of an annuity's future value on the size of the periodic payment. Suppose a fixed amount will be invested at the end of each year and that the invested funds will earn compounded annually. What will be the future value of the investments after years if the periodic investment is: Do not round intermediate calculations and round your final answers to decimal places.
Investment Future Value
a $ per year $
b $ per year $
c $ per year $
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