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You want to invest $ 8 , 0 0 0 at an annual interest rate of 8 % that compounds annually for 1 2 years.

You want to invest $8,000 at an annual interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years?
a. present vlue of an ordinary annuity.
b. present value of one dollar ($1).

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