About 400 years ago, Native Americans sold the island of Manhattan for $24. If they had invested

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About 400 years ago, Native Americans sold the island of Manhattan for $24. If they had invested this money at an interest rate of 7 per cent per year, how much would they have today?

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Economics

ISBN: 124344

2nd Edition

Authors: N. Gregory Mankiw

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Question Posted: Nov 02, 2024 07:00 AM

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About 400 years ago, Native Americans sold the island of Manhattan for $24. If they had invested this money at an interest rate of 7 per cent per year, how much would they have today?
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About 400 years ago, Native Americans sold the island of Manhattan for $24. If they had invested

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Economics

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