3. Alpo, Inc. invested $500,000 to help fund a company expansion project scheduled for eight years from now. How much additional money will they have eight years from now if they can earn 9 percent rather than 7 percent on this money? Future value = $500,000 (1 + .09)8 = $996,281.32; Future value = $500,000 (1 + .07)8 = $859,093.09