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7) You invested $20,000 ten years ago in a partnership. The profit was $1,000 the first year, and then increased by $100 per year after

7) You invested $20,000 ten years ago in a partnership. The profit was $1,000 the first year, and then increased by $100 per year after that( $1100 for the 2nd year, $1200 for the 3rd year, ). You just received your profit payment for this year. Your partner wants to buy your share of partnership now. What price should you ask for if you want 10% annual return rate for your investment?

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