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What is the value at the end of third year of $700 payable at the end of 10 th year if the annual effective interest

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What is the value at the end of third year of $700 payable at the end of 10 th year if the annual effective interest rate is 5% ? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a $497.48 b $473.79 c $375.40 d $324.60

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