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#20 After being drafted in the first round of the MLB draft, a star pitcher invests his signing bonus of $4,533,000.00 in a mutual fund.
#20 After being drafted in the first round of the MLB draft, a star pitcher invests his signing bonus of $4,533,000.00 in a mutual fund. The fund pays on average 7.00% 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 not_submitted Attempts Remaining: 3 Submit Answer format: Currency: Round to: 2 decimal places
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