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Wes Ottey would like to buy a condo in Florida in six years. He is looking to invest $85,000 today in a mutual fund that
Wes Ottey would like to buy a condo in Florida in six years. He is looking to invest $85,000 today in a mutual fund that is expected to earn a return of 17.2 percent annually.
How much does he expect to have at the end of six years? (Do not include the $ sign, and round to the nearest cents.)
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