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What will be the value of the investment in ten years

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Reference no: EM132904440

Problem 1: Robert Williams is planning to invest $30,000 today in a mutual fund that will provide a return of 8 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.)

Reference no: EM132904440

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