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Today you invested 44,000 in an investment that pays 2% and will mature in 6 years. Once the investment matures, you will reinvest your funds

Today you invested

44,000

in an investment that pays

2%

and will mature in

6

years. Once the investment matures, you will reinvest your funds for another

9

years in another investment that pays

8%.

What will be the value of your investment after

15

years?

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