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Calculate the future worth in year 11 of the following income and expenses

Calculate the future worth (in year 11) of the following income and expenses, if the interest rate is 8% per year:

Year

Income, $/year

Expense, $/year

0

12,000

3,000

1 - 6

800

200

7 - 11

900

200

Apr 26 2018 View more View Less

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