Juan Vinson is planning to buy a house in five years. He is looking to...
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Juan Vinson is planning to buy a house in five years. He is looking to invest $30,500 today in an index mutual fund that will provide him a retum of 12.7 percent annually. How much will he have at the end of five years? (Round to the nearest dollar.) $55.452 $38,530 $28.572 $45,000
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