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Use the Following 8% Interest Factors for Questions -What Will Be the Balance on September 1, 2013 in

question 52

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Use the following 8% interest factors for questions .  Present Value ofFuture Value of Ordinary Annuity Ordinary Annuity 7 periods 5.20648.922808 periods 5.746610.636639 periods 6.246912.48756\begin{array}{lll}&\text { Present Value of}&\text {Future Value of }\\&\text {Ordinary Annuity }&\text {Ordinary Annuity }\\\hline 7 \text { periods } & 5.2064 & 8.92280 \\8 \text { periods } & 5.7466 & 10.63663 \\9 \text { periods } & 6.2469 & 12.48756\end{array}
-What will be the balance on September 1, 2013 in a fund which is accumulated by making $8,000 annual deposits each September 1 beginning in 2006, with the last deposit being made on September 1, 2013? The fund pays interest at 8% compounded annually.

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The process of copying or archiving files and data so they can be restored in the event of data loss, which can be due to system failure, data corruption, or disasters.

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