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You are scheduled to receive $26,000 in two years. When you receive it, you will invest it for 9 more years at 5.5 percent per

You are scheduled to receive $26,000 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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  • $46,854.40

  • $39,991.63

  • $44,201.27

  • $42,096.45

  • $29,510.28

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