If you invested $100,000 today and earned 7% per year, you would earn $100,000*0.07 = $7,000 in
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Question:
If you invested $100,000 today and earned 7% per year, you would earn $100,000*0.07 = $7,000 in year 1.
Say you invested for 30 years. How much would you earn in the last year, i.e year 30?
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