Haniah buys stock in the ABC company, investing a total of ($ 13,000). She expects the stock
Question:
Haniah buys stock in the ABC company, investing a total of \(\$ 13,000\). She expects the stock to grow, through stock price increase and reinvestment of dividends, by \(12.3 \%\) per year and compounded annually. If she leaves that money invested, how much will the stocks be worth in 20 years?
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