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Time value Personal Finance Problem You can deposit $14.000 into an account paying 12% annual interest either today or exactly 5 years from today. How

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Time value Personal Finance Problem You can deposit $14.000 into an account paying 12% annual interest either today or exactly 5 years from today. How much better off will you be 35 years from now if you decide to make the initial deposit today rather than 5 years from today? The future value at the end of 35 years if you deposit $14,000 at 12% today is $ (Round to the nearest dollar.)

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