What is the accumulated sum of $12 a year for the next 8 years compounded annually at 10%?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 25P
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What is the accumulated sum of $12 a year for the next 8 years compounded annually at 10%?

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