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Your daughter just gave birth to a baby. You are going to invest $10,000 to help pay for college. Your broker offers you to investment

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Your daughter just gave birth to a baby. You are going to invest $10,000 to help pay for college. Your broker offers you to investment choices: (1) a portfolio of stocks that is expected to eam a growth rate 10%; or (2) a portfolio of government bonds that wil eam a rate of 3% per year. How much will be in the account after 10 years under nach investment choice? (1) The amount in the account afer 10 years. It invested in a portfolio of stocks, is (Round to the nearest cont.) (2) The amount in the account atur 10 years, it invested in a portfolio of government hand $) (Hound to the nearest cont.)

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