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If you invest $8,300 per period for the following number of periods, how much would you have in each of the following instances? Use Appendix C for an approximate answer, but calculate your final answer using the formula and financial calculator methods.

a. In 10 years at 8 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

b. In 40 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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Financial Management, Finance

Category:- Financial Management
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