Chapter1: Understanding Personal Finance
Section1.4: Perform Time Value Of Money Calculations
Problem 3CC
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![Find the Future Value for $20,000 invested every year and compounded annually for 8 years at 10%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc4f20667-94a9-4c82-a2ec-b37c83bf2da7%2F789da863-3c4d-45c3-9c02-f52420922e9f%2Fdg1i3e_reoriented.jpeg&w=3840&q=75)
Transcribed Image Text:Find the Future Value for $20,000 invested every year and compounded annually for 8 years at 10%
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