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qch6:q5 MMF Value. Bart is a college student who has never invested his funds. He has saved $1,460 and has decided to invest the funds

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MMF Value. Bart is a college student who has never invested his funds. He has saved $1,460 and has decided to invest the funds in a money market fund with an expected annual return of 5.03%. Bart will need the money in one year. The MMF imposes fees that will cost Bart $35 at the time he withdraws the funds in one year. How much money will Bart have in one year as a result of this investment? As a result of his investment, Bart will have $ (Round to the narest cent.)

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