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Suppose that the purchase price of manhattan in 1626 was

Suppose that the purchase price of Manhattan in 1626 was recently re-estimated by historians to be $59. Suppose that this money was invested at an annual rate of 5.3%compounded quarterly. What would this investment be worth in 2013? (Round your answer to the nearest billion.)

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Mathematics: Suppose that the purchase price of manhattan in 1626 was

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