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Your father has $100,000, which he wants to invest for retirement for the next 20 years. Assume he can invest the money in an account

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Your father has $100,000, which he wants to invest for retirement for the next 20 years. Assume he can invest the money in an account that pays 4%, how much will he have in the account when he retires in 20 years? $219.112.31 $262,962.78 O $45,638.69 None of the answers is correct $207,360.00

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