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28. Your parents set up a trust fund for you 10 years ago that is now worth $31,474.42. If the fund earned 7% per year,

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28. Your parents set up a trust fund for you 10 years ago that is now worth $31,474.42. If the fund earned 7% per year, how much did your parents invest in dollars? a. $10,000 b. $16,000 c. $20,000 d. $24,000 e. $30,000 f. $35,000

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