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You are to receive annual payments of $40,000 for the next 5 years as compensation for injuries in a recent accident. What is the future

You are to receive annual payments of $40,000 for the next 5 years as compensation for injuries in a recent accident. What is the future value of this settlement given an interest rate of 8%? Round your answer to 2 decimal places (eg. $xxx,xxx.xx)

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