Transcribed image text: A investor will invest a lump sum of $1,000 today and then contribute $100

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Transcribed image text: A investor will invest a lump sum of $1,000 today and then contribute $100 a year for 5 years. If all invested funds have a rate of return of 8% per year for 5 years what is the future value of this investment? $1500 $2056 $2350 $1700 $1956

Posted Date: Jul 03, 2024 11:44 AM

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Transcribed image text: A investor will invest a lump sum of $1,000 today and then contribute $100

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