What is the future value of16deposits of $2,980each made at the beginning of each period and compounded
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Question:
What is the future value of16deposits of $2,980each made at the beginning of each period and compounded at10%? (Future value as of the end of the16thperiod.)(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
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