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Your favorite rich uncle gives you $15,000 for your birthday. You invest in the 'Fly by Night' growth fund that has averaged a 16% annual

Your favorite rich uncle gives you $15,000 for your birthday. You invest in the 'Fly by Night' growth fund that has averaged a 16% annual rate over the past several years. How much do you expect your future investment to be worth in 12 years? 232,760 89,040 462,753 15,000

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