After reviewing the CPI inflation calculator at inflationdata.com, Hanna Lind realized the importance of creating an investment plan for her future.She would need $ 9 , 6 9 1 . 5 0 to today to have the same purchasing power her $ 7 0 0 0 ( stored in a fireproof safe in her home for 5 years ) had when she put it there. To Protect her savings against further inflation and to help her prepare for a healthy financial future, Hanna deposits her $ 7 , 0 0 0 in an investment account earning 6 % interest compounded quarterly. How much will Hanna have in her account in 1 0 years?



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