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30 An investor placed $11,800.00 in a private equity fund 6.00 years ago. Over the past 6.00 years, the fund returned 8.00% APR with quarterly

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30 An investor placed $11,800.00 in a private equity fund 6.00 years ago. Over the past 6.00 years, the fund returned 8.00% APR with quarterly compounding per year. Today, the investor pulls the money out of the private equity fund and moves it into a mortgage-backed security that pays 5.04% APR with monthly compounding. If he leaves the investment In this security for the next 13.00 years, what will his value be at that time? Dubmit Answer format: Currency, Round to: 2 decimal places

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