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Mr. Jones plans to invest $500 per month for the next five years in a mutual fund averaging an annual return of 10%. At the

Mr. Jones plans to invest $500 per month for the next five years in a mutual fund averaging an annual return of 10%. At the end of the five years, Mr. Jones wants to invest the entire amount to yield 8% for 10 years. If all goes according to plan, how much will Mr. Jones have 15 years from now!

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