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b. London Inc. will invest GBP 1,500,000 (British Pounds) for 5 years at an annual rate of 8.7%. Calculate the future US Dollar value to

b. London Inc. will invest GBP 1,500,000 (British Pounds) for 5 years at an annual rate of 8.7%. Calculate the future US Dollar value to the company of this investment. The exchange rate for the GBP is $1.2985/GBP

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