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You invest $800 cash each year with the first deposit made in 2020 and the final deposit made in 2027. What is the future value

You invest $800 cash each year with the first deposit made in 2020 and the final deposit made in 2027. What is the future value of your investment? Assume interest rates are 5% p.a. In what year is the future value determined? In what year is the present value determined?

Please provide comprehensive response and explanation using formulas. Please respond to all questions in the exercize

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