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An investment offers an onetime bonus of 2% of the principal after being invested for 5...

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Basic Math

An investment offers an onetime bonus of 2% of the principalafter being invested for 5 years. If $50 000 is invested at 4.75%compounded annually for 10 years, describe how the graph of theinvestment with the bonus differs from the graph of the investmentwithout the bonus. Include any calculations.

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