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In an effort to have enough money to finance his passion for top - level off - road racing, a mechanical engineering graduate decided to
In an effort to have enough money to finance his
passion for toplevel offroad racing, a mechanical
engineering graduate decided to sell some of his
"toys." At time he sold his chopper motor
cycle for $ Six months later, he sold his
Baja prerunner SUV for $ At the end of
year he got $ for his prolight race truck.
If he invested all of the money in a highrisk com
modity hedge fund that earned per year com
pounded semiannually, how much did he have in
the account at the end of years?
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