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OpenStudy (anonymous):
Jeffrey is saving up for a down payment on a car. He plans to invest $2,000 at the end of every year for 4 years. If the interest rate on the account is 2.15% compounding annually, what is the present value of the investment?
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OpenStudy (anonymous):
$7,587.82 $5,033.72 $8,261.72 $15,252.94
OpenStudy (anonymous):
@compassionate
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