Question: need help with part b b. What would be the future value of this annual amount over 8 years, assuming an interest rate of 5
b. What would be the future value of this annual amount over 8 years, assuming an interest rate of 5 percent? Use Exhibit 1-B. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) b. What would be the future value of this annual amount over 8 years, assuming an interest rate of 5 percent? Use Exhibit 1-B. (Round time value factor to 3 decimal places and final answer to 2 decimal places.)
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