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(Solved): Morgan invested money into his savings account over several per the cash flow table below. Assuming ...




Morgan invested money into his savings account over several per the cash flow table below. Assuming the interest rate he rece
Morgan invested money into his savings account over several per the cash flow table below. Assuming the interest rate he receives on his savings account is \( 7.5 \% \) how much money would he have in the account at the end of 9 years? \begin{tabular}{|} \( \$ 1,915 \) \\ \( \$ 1,392 \) \\ \( \$ 1,340 \) \\ \( \$ 970 \) \\ \( \$ \$ 699 \) \end{tabular}


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Future value = $ 100 x 1.0758 + $ 10
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