Dorothy Taylor received a graduation present of $4,000 that she is planning on investing in...
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Accounting
Dorothy Taylor received a graduation present of $4,000 that she is planning on investing in a mutual fund that earns 17.50 percent each year. How much money will she have in three 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 3 years $______________
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