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The relationship between the present value of a future sum and the future value of a present sum can be expressed in terms of their respective interest factors. If the present value of $200,000 due at the end of 8 years, at 10%, is $93,300, what is the approximate future value of $200,000 invested for the same length of time and at the same rate?

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293,000uwjsnsnsjwoowkwnwnnwkwoskwnwksks920

User Peter Niederwieser
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