Planning to invest in mutual fund

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Chuck Tomkovick is planning to invest $22,000 today in a mutual fund that will provide a return of 11 percent each year. What will be the value of the investment in 10 years? (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.)

Value of investment after 10 years?

Reference no: EM13976557

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