How much will you have in twelve years

Reference no: EM132078685

Question: You are scheduled to receive $20,500 in three years. When you receive it, you will invest it for nine more years at 9 percent per year.

How much will you have in twelve years? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Amount $

Reference no: EM132078685

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