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    Practical Business Math Procedures Study Set 2
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    Exam 13: Annuities and Sinking Funds
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    Use the Tables in the Handbook
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Use the Tables in the Handbook

Question 60

Question 60

Short Answer

Use the tables in the handbook. Jackie Bell invests $5,000 at the end of each year for 15 years. The rate of interest Jackie gets is 8% annually. What is the final value of Jackie's investment in this ordinary annuity?

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