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Assume that you invested $100,000 on December 1, 2011. Your return was 10%, compounded annually for the first year. Your return was 10%, compounded annually

Assume that you invested $100,000 on December 1, 2011. Your return was 10%, compounded annually for the first year. Your return was 10%, compounded annually for the second year. How much do you have on December 1, 2013?

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