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1. Today Leo Burke purchased an investment grade gold coin for $150,000. He expects it to increase in value at a rate of 7% compounded

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1. Today Leo Burke purchased an investment grade gold coin for $150,000. He expects it to increase in value at a rate of 7% compounded annually for the next 5 years. How much will the coin be worth at the end of the fifth year? N I/Y PV PMT FV

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