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How much will $5,000 invested at the end of each year grow to in six years,...

How much will $5,000 invested at the end of each year grow to in six years, assuming an interest rate of 7% compounded annually? (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $26,813. $7,504. $23,833. $35,766.

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Table Value PVA @ 7% for 7 Periods Amount Present Value 4.7665 5000 23833 Investmnet Each Paymnet Answers: 23,833

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