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You are scheduled to receive $4000 in 1 years. When you receive it, you will invest it for 8 years at a rate of 5.50%.

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You are scheduled to receive $4000 in 1 years. When you receive it, you will invest it for 8 years at a rate of 5.50%. How much will you have at the end of 9 years? Do not use dollar signs or commas in yout answer, include two decimals in your

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