After being drafted in the first round of the NFL draft, a star defensive end invests his
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After being drafted in the first round of the NFL draft, a star defensive end invests his signing bonus of $9,827,000.00 in a mutual fund. The fund pays on average 7.00% APR. The player will not touch this money until he retires from the league in 15.00 years. How much will this "nest egg" be worth at retirement?
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