Joe Sullivan invests $9,000 at the end of each year for 20 years. The rate...
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Joe Sullivan invests $9,000 at the end of each year for 20 years. The rate of interest Joe earns is 8% annually. The final value of Joe's investment at the end of the 20th year on this ordinary annuity is (use the tables in the handbook): Multiple Choice $411,588.00 $88,362.90 None of these $88,632.90 $411,858.00
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