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Steve is considering investing $3,600 a year for 40 years. How much will this investment...

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Steve is considering investing $3,600 a year for 40 years. How much will this investment be worth at the end of the 40 years if he earns an average annual rate of return of 11.6 percent? Assume Steve invests his first payment of the end of this year Multiple Choice $1.88741126 $1.919.200.00 $2,103,018 90 52.311,416.67 $2.47168520

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