5. You received $20,000 when you turned 16 and decided to invest it for five years at...
Question:
5. You received $20,000 when you turned 16 and decided to invest it for five years at 4%
interest. How much will that $20,000 be worth when you turn 21?
a. Calculate using the long-hand method.
b. Calculate using the reference table method.
c. Calculate using a financial calculator.
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Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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Related Book For 
Personal Finance Building Your Future
ISBN: 9780077861728
2nd Edition
Authors: Robert Walker, Kristy Walker
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