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you out a $4,500 in a bond fund which has an annual yield of 5.2%. A.) how much interest will be earned in 23 years?
you out a $4,500 in a bond fund which has an annual yield of 5.2%.
A.) how much interest will be earned in 23 years? round down to the nearest penny.
B.) if the average inflation rate is 3.2%, what will be the real value of the account in 23 years? round to the nearest $100.
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