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If a person spends $10 a week on coffee (assume $500 a year), what would be...

If a person spends $10 a week on coffee (assume $500 a year), what would be the future value of that amount over 8 years if the funds were deposited in an account earning 3 percent? Round your FVA factor to 3 decimal places and final answer to the nearest whole dollar.

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Expert Solution

future value = $ 634

jeff jeffy answered 2 years ago
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