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Suzy invests $7,000 in a mutual fund today. The fund is projected to earn 11.5% annually. How much money will Suzy have in 16 years?

image text in transcribed Suzy invests $7,000 in a mutual fund today. The fund is projected to earn 11.5% annually. How much money will Suzy have in 16 years? $1,226.59 $112,000.00 $39,948.08 $286,505.05

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