Assume that today is the end of 2021 and you are considering investing $8,000 starting...
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Assume that today is the end of 2021 and you are considering investing $8,000 starting at the end of 2022 in an investment account. This investment amount will then grow at an annual rate of 5%. You plan on ending your contribution to the investment account at the end of 2029. If the annual return on the investment account is expected to be 8% p.a., the present value of this investment is closest to: O $53,807. O $81,793. O $99.593. O $47,725
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