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You are scheduled to receive $35,000 in two years. When you receive it, you will invest it for 9 more years at 7 percent per
You are scheduled to receive $35,000 in two years. When you receive it, you will invest it for 9 more years at 7 percent per year. How much will you have in 11 years? |
a) $73,669.82
b) $61,128.77
c) $67, 563.38
d) $64, 346.07
e) $41,121,41
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