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What will be the amount accumulated by each of these present investments? (a) $5, 500 in 8 years at 6% compounded annually (b) $2, 270
What will be the amount accumulated by each of these present investments? (a) $5, 500 in 8 years at 6% compounded annually (b) $2, 270 in 12 years at 3% compounded annually (c) $7,000 in 32 years at 8% compounded annually (d) $260,000 in 9 years at 7% compounded annually
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