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Posted on Jul 16, 2024

You are scheduled to receive $ 2 8 , 0 0 0 in two years. When you receive it , you will invest it for

You are scheduled to receive $

28, 000

in two years. When you receive it

,

you will invest it for

9

more years at

5.5

percent per year. How much will you have in

11

years?

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