Question: Problem 7-12 Future Value of an Amount Saved [LO5] You estimate that you can save $12,800 by selling your home yourself, rather than using a

 Problem 7-12 Future Value of an Amount Saved [LO5] You estimate

Problem 7-12 Future Value of an Amount Saved [LO5] You estimate that you can save $12,800 by selling your home yourself, rather than using a real estate agent. What is the future value of that amount if invested for five years at 8 percent compounded annually? Use Exhibit 18-1. (Round time value factor to 3 decimal places and final answer to 2 decimal places. Omit the "$" sign in your response.) Future value

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