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You are scheduled to receive $ 3 1 , 0 0 0 in two years. When you receive it , you will invest it for

You are scheduled to receive $31,000 in two years. When you receive it, you will invest it for 5 more years at 6.5 percent per year. How much will you have in 7 years?
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$42,472.69
$40,349.05
$48,173.58
$34,829.04
$44,596.32

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