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You are scheduled to receive $2,000 in two years. When you receive it, you will invest it for 7 more years at the nominal interest
You are scheduled to receive $2,000 in two years. When you receive it, you will invest it for 7 more years at the nominal interest rate of 5.00% compounded monthly. How much will you have in nine years? O $3,102.66 O $2,059.07 O $2,814.20 O $2,836.07
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