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Your retired client has accumulated investment and retirement assets totaling $9,881,000. Assume the client expects to live for another 22 years and that he assumes

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Your retired client has accumulated investment and retirement assets totaling $9,881,000. Assume the client expects to live for another 22 years and that he assumes an annual inflation rate of 3.08 percent. To leave his heirs the future value of the $9,881,000 at the end of the 22 years, the value of the assets at that time would need to grow to $ (Please write your answer in "Your Answer" box). Round the answer to two decimal places

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