Question: Question 2 2 pts Your high school classmate is offering you an investment opportunity which requires you to make quarterly payments of $256 each (1st

Question 2 2 pts Your high school classmate is offering you

Question 2 2 pts Your high school classmate is offering you an investment opportunity which requires you to make quarterly payments of $256 each (1st payment is 3 months from today), over the next 11 years. It offers a nominal annual return of 8 % with quarterly compounding. What is the future value of this investment at the end of its life (including all your payments and all interest)? (Round your answer to three decimal places. For example 1.23450 or 1.23463 will be rounded to 1.235 while 1.23448 will be rounded to 1.234. Only type in the number. Do not use $ sign, or the +/- sign to represent FV/PV)

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