You invest a single amount of $18,000 for 6 years at 14 percent. At the...
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Accounting
You invest a single amount of $18,000 for 6 years at 14 percent. At the end of 6 years you take the proceeds and invest them for 14 years at 17 percent. How much will you have after 20 years?
Use Appendix A for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
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