Consider making an investment of $9,700 each year. If the first $9,700 investment is made at...
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Consider making an investment of $9,700 each year. If the first $9,700 investment is made at the end of this year, how much will you have in: a. 15 years at 7 percent? (Enter your answer as a positive number rounded to 2 decimal places.) b. 25 years at 11 percent? (Enter your answer as a positive number rounded to 2 decimal places.) Consider making an investment of $9,700 each year. If the first $9,700 investment is made at the end of this year, how much will you have in: a. 15 years at 7 percent? (Enter your answer as a positive number rounded to 2 decimal places.) b. 25 years at 11 percent? (Enter your answer as a positive number rounded to 2 decimal places.)
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