Question
#16 You plan to put $2800 in an investment account today. What will it be worth in 20 years if you invest half in corporate
#16 You plan to put $2800 in an investment account today. What will it be worth in 20 years if you invest half in corporate bonds that pay 4% per year and half in corporate stock that earns 9% per year? Assume annual reinvestment of returns and round to the nearest dollar.
A.$10914
B.$10352
C.$6135
D.$15693
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Cases In Healthcare Finance
Authors: Louis C. Gapenski
3rd Edition
1567932444, 9781567932447
