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You will have $1,000 rental income that you plan to deposit in your savings account ( a) at the end of, (b) at the beginning

You will have $1,000 rental income that you plan to deposit in your savings account ( a) at the end of, (b) at the beginning of each year for the next 6 years. The annual interest rate is 8%. Determine the sum of money you will have in your account at the end of 6 years.

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