Question
Benjamin Franklin left $100,000 to the City of Boston with the caveat that they couldnt touch it for 100 years. Then they could take out
Benjamin Franklin left $100,000 to the City of Boston with the caveat that they couldnt touch it for 100 years. Then they could take out half and leave the other half for the next hundred years. How much was available to withdraw at 200 year mark if they earned 6%?
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Corporate Valuation A Guide For Managers And Investors
Authors: Phillip R. Daves, Michael C. Ehrhardt, Ron E. Shrieves
1st Edition
0324274289, 978-0324274288
