Calculating future saving by current investment


Question:

If you invest $8,000 per period for the following number of periods, how much would you have?

a. 7 years at 9 percent.

b. 40 years at 11 percent.

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.Provide step by step solutions for the above question.

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Finance Basics: Calculating future saving by current investment
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