Assume you own an asset currently valued at $$65,000.$ If the value increases by $3\mathrm{.}25$ percent annually, how much will the asset be worth $45$ years from now? $($Assume annual compounding.$)$ Assume you own an asset currently valued at $$65,000.$ If the value increases by $3\mathrm{.}25$

percent annually, how much will the asset be worth $45$ years from now? $($Assume

annual compounding.$)$

Multiple Choice

$$278,501$

$$6,565,704$

$$6,618,453$

$$274,136$

$$6,434,954$

Multiple Choice

$$278,501$

$$6,565,704$

$$6,618,453$

$$274,136$

$$6,434,954$