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Today you invested $ 34,800 in an investment that pays 7 % and will mature in 8 years. Once the investmentmatures, you will reinvest your
Today you invested $34,800 in an investment that pays 7% and will mature in 8
years. Once the investmentmatures, you will reinvest your funds for another 5 years in another investment that pays 9%.
What will be the value of your investment after 13 years?
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