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At the end of your first year of employment after graduation, you received a $ 1 2 , 0 0 0 bonus. You invest $

At the end of your first year of employment after graduation, you received a $12,000 bonus. You invest $4,000 in a retirement account and spend the rest. Five years later, your investment has grown to $5,400. If, instead, you had invested the entire $12,000 bonus in the retirement account and the investment increased by the same proportion, how much would your investment be worth at the end of the same 5-year period?

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