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Page 2 Question 15 (2.5 points) Consider the problem of investing money. You are to invest $400,000 today. You will earn interest compounded annually for

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Page 2 Question 15 (2.5 points) Consider the problem of investing money. You are to invest $400,000 today. You will earn interest compounded annually for twelve years. The annual rate of interest that you will earn is equal to six percent. What will be the approacimate size of future value of this investment twelve years from now? N Page 3 $490,620 $804,879 Page 4 $808,258 $1,077,109

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