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What is the future value of $12,000 a year for 40 years at 11.5 percent interest? (Options are below) $7,711,414 $8,014,195 $8,021,223 $8,278,406 $7,989,476

What is the future value of $12,000 a year for 40 years at 11.5 percent interest? (Options are below)

$7,711,414
$8,014,195
$8,021,223
$8,278,406
$7,989,476

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