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Financing 1 answer below » Last Christmas, Danny received an annual bonus of $ 1,500. These annual bonuses are expected to grow by 5 percent for the next 5 years. How much will Danny
have at the end of the fifth year if he invests his Christmas bonuses (including the most recent bonus) in a project paying 8percent per year? Show your work, thanks Jan 18 2014 04:46 AM