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If the pension plan invests $14 million today in 30-year US Treasury bonds (riskless investment) at an interest rate of 3% percent a year,

If the pension plan invests $14 million today in 30-year US Treasury bonds (riskless investment) at an interest rate of 3% percent a year, how much will it have by the end of year 20? Answer in millions, that is if your answer is $19.2 million then enter 19.2 in the answer box.

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