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William's Workshop invested $252,000 today to help fund future projects. How much additional money will the firm have three years from now if it can

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William's Workshop invested $252,000 today to help fund future projects. How much additional money will the firm have three years from now if it can earn an annual interest rate of 4 percent rather than 3.5 percent? (Assume annual compounding.) $6,040.73 $3,632.88 $6,180.70 $4,068.82 None of the answers are correct The Financial Management Association is in charge of investing money for a student run investment account. They plan to invest annual payments of $20,000,$30,000,$35,000, and $24,000, respectively, over the next four years. The first payment will be invested one year from today. Assuming the investment earns 6.5 percent annually, how much will the organization have available four years from now

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