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To save for your future put $10,000 into an investment. The duration of the investment is 18 years, and the interest rate is 10.24% per

To save for your future put $10,000 into an investment. The duration of the investment is 18 years, and the interest rate is 10.24% per year. How much will be available at the end of 18 years.

Please write out the formula with explanation.

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