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You will receive $15,000 in two years when you graduate. You plan to invest this at an annual interest rate of 6.5 percent. How much

You will receive $15,000 in two years when you graduate. You plan to invest this at an annual interest rate of 6.5 percent. How much money will you have 8 years from now?

Multiple Choice

$24,824.94

$19,381.16

$21,887.13

$23,209.19

$20,414.73

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