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What is the value of the investment

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Ethan is investing $50 every month for 20 years. The annual rate is 6%. How much money will Ethan have in 20 years?

An investment promises to pay $3,000 yearly for 10 years. The payments are received at the beginning of each year. The interest rate is 8%. In 10 years from now, what is the value of the investment?

Reference no: EM131318530

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