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Use the following information to answer the next three questions. How much would $11,000, growing at 6.0% per year, be worth after 40 years? This

Use the following information to answer the next three questions. How much would $11,000, growing at 6.0% per year, be worth after 40 years?

This problem requires solving for:

Group of answer choices

Annual interest rate (as a percentage)

Compounded interest rate (as a percentage)

Present Value (in dollars)

Future Value (in dollars)

The future value will be calculated as $[blank]

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