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2) John is looking to retire in 10 years. He will invest $50,000 three years from today, and an additional $75,000 five years from today,
2) John is looking to retire in 10 years. He will invest $50,000 three years from today, and an additional $75,000 five years from today, all at a rate of 6%, compounded monthly. How much money will John have 10 years from now? a) $320,839 b) $190,731 c) $177,182 d) $300,169 e) $196,715
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