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Question: You are scheduled to receive $14,500 in three years. When you receive it, you will invest it for nine more years at 9.75 percent per year. How much will you have in twelve years? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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