What is the future value-rate of interest

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Reference no: EM13951555

What is the future value of $1,140 a year for 5 years at a 7 percent rate of interest?

a. $3,352.20

b. $8,790.65

c. $6,555.84

d. $6,099.00

e. $9,072.65

Reference no: EM13951555

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