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You are planning to invest $1,000 at the end of each year for 20 years at 6%. Interest is paid at the end of each
You are planning to invest $1,000 at the end of each year for 20 years at 6%. Interest is paid at the end of each year, and you will leave the interest in the investment. How much will the investment grow to by the end of 20 years? Show your calculation. Use the textbook table to find the factor
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