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11. $1 invested in large company stocks in 1975 at 12% interest rate, would have increased in value to approximately _____ by 2005. a. $30.00

11. $1 invested in large company stocks in 1975 at 12% interest rate, would have increased in value to approximately _____ by 2005. a. $30.00 b. $97.00 c. $492.00 d. $1,953.00 e. $13,185

please explain the work as well

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