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#16) 3 year(s) ago, Mack invested 5,790 dollars. In 1 year(s) from today, he expects to have 8,980 dollars. If Mack expects to earn the

#16) 3 year(s) ago, Mack invested 5,790 dollars. In 1 year(s) from today, he expects to have 8,980 dollars. If Mack expects to earn the same annual return after 1 year from today as the annual rate implied from the past and expected values given in the problem, then how much does Mack expect to have in 5 years from today?

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