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According to an old myth, Native Americans sold the island of Manhattan about 400 years ago for $24. If they had invested this amount at
According to an old myth, Native Americans sold the island of Manhattan about 400 years ago for $24.
If they had invested this amount at an interest rate of 6 percent per year, approximately how much would they have had today?
$10,176
$3.2 trillion
$318.1 billion
$1,620
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