Question: 7. Using table C.1 in Appendix C (FVIF), how much money will a single deposit of $1,000 become in 8 years at a 10% annual

 7. Using table C.1 in Appendix C (FVIF), how much money

7. Using table C.1 in Appendix C (FVIF), how much money will a single deposit of $1,000 become in 8 years at a 10% annual compounding rate? 8. Using table C.2 in Appendix C (PVIF), how much money do you need on deposit today if you want $10,000 10 years from now for a down payment on a car, when you can get 7% interest

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