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You have $3000 you want to invest for the next fifty years. You are offered an investment plan that will pay you 4.0% per year
You have $3000 you want to invest for the next fifty years. You are offered an investment plan that will pay you 4.0% per year for the next 25 years and 11.0% for the last 25 years. How much will you have earned at the end of 50 years?
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