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Ms. S. Pioli is planning to make an additional investment at the end of each year for his retirement in 20 years. Ms. S. Pioli
Ms. S. Pioli is planning to make an additional investment at the end of each year for his retirement in 20 years. Ms. S. Pioli intends to invest $6,000 each year for the first five years, $9,500 each year for the next five years, and $ 13,100 each year for the remaining ten years. If the rate of return of 11.25 percent can be earned in these investments, how much money will Ms. S. Pioli have at the end of 20 years?
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