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a young man is the beneficiary of a trust fund established for him 16 years ago at his birth. if the original amount place in

a young man is the beneficiary of a trust fund established for him 16 years ago at his birth. if the original amount place in trust was $30,000 how much would he recieve if the money was earned interest at the rate of 9% per year compounded anually? round your answer to the nearest cent

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