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You invest 5,000 at age 24 at an annual rate of return of 6%. By the time you are 66 you will have amassed approximately

You invest 5,000 at age 24 at an annual rate of return of 6%. By the time you are 66 you will have amassed approximately

Select one:

a. 504,000.

b. 47,040.

c. 57,785.16

d. 116,723.

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