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Using the formula for future value, determine the future value of an account, one period from now, if the present value of an account is

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Using the formula for future value, determine the future value of an account, one period from now, if the present value of an account is $607.54, the rate of return is 7.5%, and no other withdrawals or deposits are going to be made over the period. a. $653.11 b. $45.57 c. None of the answers shown here. d. $7.54 e. $1,063.20

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