Question: A client has a $ 1 0 million portfolio which she plans to invest in: Investment 1 : $ 5 million in a money -

A client has a $10 million portfolio which she plans to invest in:
Investment 1: $5 million in a money-market fund that earns 3 percent annually
Investment 2: $5 million in a money-market fund that earns 3 percent annually for 2 years and then invest in the stock market with an expected return of 8% annually.
What is the value of Investment 1 in 10 years?
What is the value of Investment 2 in 10 years?
What is the value of the portfolio in 10 years?

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