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20 After being drafted in the first round of the MLB draft, a star pitcher invests his signing bonus of $5,168,000.00 in a mutual fund.
20 After being drafted in the first round of the MLB draft, a star pitcher invests his signing bonus of $5,168,000.00 in a mutual fund. The fund pays on average 4.00% APR. The player will not touch this money until he retires from the league in 20.00 years. How much will this "nest egg" be worth at retirement? unanswered Submit not submitted Attempts Remaining: 3 Answer format: Currency: Round to: 2 decimal places
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
