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You just purchased a parcel of land for $ 8 6 , 0 0 0 . To earn a 1 4 % annual rate of

You just purchased a parcel of land for $86,000. To earn a 14% annual rate of return on your investment, how much must you sell the land for in 7 years? Assume annual compounding.
(Round to nearest penny, e.g.1234.56)
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