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(Future value of an ordinary annuity) What is the future value of $490 per year...

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Question

Finance

(Future value of an ordinary annuity) What is the future value of

$490

per year for

8

years compounded annually at

10

percent?

Question content area bottom

Part 1

The future value of

$490

per year for

8

years compounded annually at

10

percent is

$enter your response here.

(Round to the nearest cent.)

Answer & Explanation Solved by verified expert
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