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You are considering investing in a savings account. You have $20,000 now and you do not anticipate needing that money for 15 years. Banks are

You are considering investing in a savings account. You have $20,000 now and you do not anticipate needing that money for 15 years. Banks are paying 7% interest rate per year. If you invest, How much money will you have after 15-years? Enter your answer in the following format: 12345.67 Hint: Answer is between 48558.96 and 60146.89

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