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Economics Homework Help

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What sum of money will be accumulated in 40 years if: a. $1,000 is invested at the end of each of the next 40 years at a 15% rate of return compounded annually? b. $1,000 is invested at the end of the first year, $1,100 is invested at the end of the second year and each succeeding year’s investment is $100 higher than the previous year’s investment for 40 years at 15% compounded annually. c. What single investment at time zero would generate the part “a” future worth?