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Niles is making an investment with an expected return of 14%. If the standard deviation of the return is 3.0%, and if Niles is investing

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Niles is making an investment with an expected return of 14%. If the standard deviation of the return is 3.0%, and if Niles is investing $100,000, then what dollar amount is Niles 90% sure he will have at the end of the year? Error on the low end. (The number of standard deviations from the mean for 90% is 1.645. Do not round intermediate computations, but you may round your. final answer to the nearest dollar.)

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