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What is the future value of $1,240 a year for 5 years at a 7 percent rate of interest? $9,868.19 $3,645.20 $9,566.19 $7,130.92 $6,634.00

What is the future value of $1,240 a year for 5 years at a 7 percent rate of interest?

$9,868.19

$3,645.20

$9,566.19

$7,130.92

$6,634.00

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