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Consider an investment of $1000 whose value grows at 2 percent in the first year, 10 percent in the second year, 15 percent in the
Consider an investment of $1000 whose value grows at 2 percent in the first year, 10 percent in the second year, 15 percent in the third year, and 3 percent in the fourth year. The value of the investment at the end of the fourth year is closest to?
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