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1. You have just won $10,000. How much money will you accumulate at the end of 10 years if you invest it at 8%
1. You have just won $10,000. How much money will you accumulate at the end of 10 years if you invest it at 8% compounded annually? At 10%? 2. Ten years from now, the unpaid principal of the mortgage on your house will be $154,900. How much do you need to invest today at 4% interest compounded annually to accumulate the $154,900 in 10 years? 10 will ha $154 000 how much money do vou need
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