When you receive it you will invest it for eight more years, Financial Management

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When you receive it you will invest it for eight more years

You are scheduled to receive $20,000 in two years. When you receive it, you will invest it for eight more years at 10 percent per year.

How much will you have in ten years? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Amount $

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Financial Management: When you receive it you will invest it for eight more years

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Financial Management: When you receive it you will invest it for eight more years

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