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Your parents spent $3,000 to buy 500 shares of stock in a new company 20 years ago. The stock has appreciated 10 percent per year

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Your parents spent $3,000 to buy 500 shares of stock in a new company 20 years ago. The stock has appreciated 10 percent per year on average. What is the current value of those 500 shares? $26.740.10 O $22.200.40 $24.812.05 $20.182.50

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