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tankabanditka [31]
3 years ago
6

What is the value of a $42,340 investment after 13 years at a rate of 5.034%?

Mathematics
1 answer:
marta [7]3 years ago
5 0
The total future value = 61,948.7 $
the interest earned, after inflation effects =29,233.96 $
total interest earned = 37,817.25 $
effect of inflation on value of initial investment= 32,714.74 $
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