How much will be in their account at the end

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Problem

Larry and Bob just sold their veggie trailer to Barbara for $6,000. They agreed to keep the money together and invest it in the money market to earn a little extra cash. Get the instant assignment help. They found one agency that promised an annual return of 11.5%. If they invest the money and keep it there for 5 years, how much will be in their account at the end?

Reference no: EM133910951

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