Olena Audit Services is scheduled to receive $10,000 in two years for Audit services rendered....

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Accounting

Olena Audit Services is scheduled to receive $10,000 in two years for Audit services rendered. Olena Audit Services will invest the funds for another six more years once the funds have been received. If the relevant rate is 7.5 percent per year.

How much will Olena Audit Services have in eight years?

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