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Your Dad just gave you $20,000 to invest for your retirement. You want to manage your money well and invest it safely. You believe that

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Your Dad just gave you $20,000 to invest for your retirement. You want to manage your money well and invest it safely. You believe that you can earn 7% per annum in a safe investment. How much money will you have in 45 years time? Select one: a. $63,000 b. $98,049 O c. $61,600 d. $420,049 e. $420,000

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