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If you inherited $30,000 today and invested all of it in a security that paid a 13 percent rate of return, how much would you

  1. If you inherited $30,000 today and invested all of it in a security that paid a 13 percent rate of return, how much would you have in 25 years? Round the answer to the nearest cent. Round FV-factor to three decimal places.

    Calculate your answer based on the FV-factor.

    $

    Calculate your answer based on the financial calculator.

    $

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