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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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