How much will paul have at the end of two years, Microeconomics

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How much will paul have at the end of two years

Problem

Paul Randolph, a first-round NFL draft selection, signs a contract that pays him $750,000 for signing. If Paul's agent invests the total sum at 12% nominal interest compounded monthly, how much will Paul have at the end of 2 years?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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