If your great aunt had left you an inheritance of $10,000 in 1980, and it had been
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If your great aunt had left you an inheritance of $10,000 in 1980, and it had been locked up in a certificate of deposit at an interest rate equal to the inflation rate at that time, i.e. the same amount per year (lucky you!), how much would it be worth today at a) a simple interest rate, and/or b) a compounding interest rate?
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Related Book For
Cost Accounting And Financial Management For Construction Project Managers
ISBN: 9781138550650
1st Edition
Authors: Len Holm
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