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Oracle, Corp. will invest $700,000 in a mutual fund today. The investment will earn 8% for 9 years, with no funds withdrawn. In 9 years,
Oracle, Corp. will invest $700,000 in a mutual fund today. The investment will earn 8% for 9 years, with no funds withdrawn. In 9 years, the amount in the investment fund is: Oracle, Corp. will invest $700,000 in a mutual fund today. The investment will earn 8% for 9 years, with no funds withdrawn. In 9 years, the amount in the investment fund is:
a: 1,295,651
b: 1,399,300
c: 1,520,323
d: 1,511,244
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