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An elderly woman died this year and left an estate of $5,000,000. Her heirs are three children; they are ages 7, 10, and 14 at

An elderly woman died this year and left an estate of $5,000,000. Her heirs are three children; they are ages 7, 10, and 14 at the time of her death. The heirs are legally prohibited from accessing these funds until they turn 18 years of age. In the meantime, the estate dollars are invested and will earn 3% per year. At age 18, each child will receive an amount from the estate. In todays dollar amount, what will each child receive?

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