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Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) (a) Click here to view factor tables.
Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) (a) Click here to view factor tables. What is the future value of $8,850 at the end of 8 periods at 8% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
The future value?
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