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You plan to invest $1,050 a year for 5 years at a 7 percent annually? How much will you have in 5 years? Assume the

You plan to invest $1,050 a year for 5 years at a 7 percent annually? How much will you have in 5 years? Assume the first investment is made in one year. Multiple Choice $5,617.50 $8,356.66 $3,088.50 $8,092.66

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