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Today you invested $30,800 in an investment that pays 10% and will mature in 6 years. Once the investment matures, you will reinvest your funds
Today you invested $30,800 in an investment that pays 10% and will mature in 6 years. Once the investment matures, you will reinvest your funds for another 5 years in another investment that pays 2%. What will be the value of your investment after 11 years? (Choose the best response.) A. $58,118.65 B. $88,569.77 C. $60,243.15 D. $97,022.20 None of the other answers E
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