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If $45,000 is invested now, which of the following value is closest to the equivalent future dollars 9 years from now to earn a real

If $45,000 is invested now, which of the following value is closest to the equivalent future dollars 9 years from now to earn a real interest rate of 2% per year, when the inflation rate is 1% per year?

Select one:

a. 67,640

b. 38,231

c58,817

d. 29,409

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