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so Suppose that the purchase price of Manhattan in 1626 was recently re-estimated by historians to be$56. Suppose that this money was invested at an
so Suppose that the purchase price of Manhattan in 1626 was recently re-estimated by historians to be$56. Suppose that this money was invested at an annual rate of5.6%compounded quarterly. What would this investment be worth in 2014? (Round your answer to the nearest billion.)
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