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For the next 8 years, you decide to place $654 in equal year-end deposits into a savings account earning 8.43 percent per year.

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For the next 8 years, you decide to place $654 in equal year-end deposits into a savings account earning 8.43 percent per year. How much money will be in the account at the end of that time period? 

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Future Value (FV): This value represents the nominal value of the money expected to be received in the... View the full answer

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