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You have an eccentric aunt who has promised to deposit $6,125 in a savings account in your name. She has stated that you will not

You have an eccentric aunt who has promised to deposit $6,125 in a savings account in your name. She has stated that you will not have access to the money for two years but that the money will be earning 6% interest. At the designated future date, the principal and interest will be yours to purchase a new car.

Present Value:

Period:

Rate of Interest:

%
Future Value Factor:

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