FUTURE OF VALUE OF ANNNUITY
A1=4000
I=.08
N=5
4000(1+.08-1)/.08

FUTURE OF VALUE OF ANNNUITY
A1=4000
I=.08
N=5
4000(1+.08-1)/.08

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So, \(1.08^{5} = 1.4693280768\)
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