Question: please answer Question 26 (5 points) On 12/31/15 you quit your job and you were given $210,387 by your employer as a severance benefit. On
please answerQuestion 26 (5 points) On 12/31/15 you quit your job and you were given $210,387 by your employer as a severance benefit. On the same day, you invested the entire amount you received into an aggressive stock fund. This fund will earn annual 10% compounded annually. If you liquidate the entire investment on 12/31/19, how much money can you expect to collect? (note: if your answer is within $1,000 from one of the answer choices, it's a rounding issue: select that answer. For example, if you got something like 320,000, select the answer "$320,709") $311,424 $1,282,836 $143,697 $1,048,719 $308,028 $294,541 None of the above, because all the answers are more than $1,000 away from the correct value
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