Gina King invested $11,000 in the stock of a young biotechnology company called MediDyne. The company has done well. She has held the stock for six years and its price has increased at a compound annual rate of 12%. The current market value of Gina's stock is approximately

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Gina King invested $11,000 in the stock of a young biotechnology company called MediDyne. The company has done well. She has held the stock for six years and its price has increased at a compound annual rate of 12%. The current market value of Gina's stock is approximately






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