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You expect to receive $38,000 in two years. When you receive it, you will invest it for 10 more years at 5.5 percent per year.

You expect to receive $38,000 in two years. When you receive it, you will invest it for 10 more years at 5.5 percent per year. How much will you have in 12 years? A. $64,909.49 B. $68,154.96 C. $43,357.10 D. $72,245.88 E. $61,664.01

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