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Suppose you plan to invest $21,000 in a five -year investment project that yields a compounding rate of 7% per year. How much approximately will

Suppose you plan to invest $21,000 in a five -year investment project that yields a compounding rate of 7% per year. How much approximately will you have at the end of the five years?

Select one:

a. $28,350

b. $ 29,454

c. 14, 973

d. $ 28,051

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