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QUESTION 3 in 3 years from today. Maya expects to invest $16,000 in an account. She also expects to make an investment of X in
QUESTION 3 in 3 years from today. Maya expects to invest $16,000 in an account. She also expects to make an investment of X in the same account in 1 year from today. What is X if Maya expects to have $37.000 in her account in 5 years from today and the expected return for the account is 9.9 percent per year? An amount equal to or greater than $10,700 but less than $11.700 An amount equal to or greater than $11,700 but less than $12.700 An amount equal to or greater than $12.700 but less than $13.700 An amount equal to or greater than $13.700 but less than $14.700 An amount less than $10,700 or an amount equal to or greater than $14.700
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