Question
If you inherited $95,000 today and invested all of it in a security that paid a 9 percent rate of return, how much would you
If you inherited $95,000 today and invested all of it in a security that paid a 9 percent rate of return, how much would you have in 30 years? Round the answer to the nearest cent. Round FV-factor to three decimal places. Calculate your answer based on the FV-factor.
$ Calculate your answer based on the financial calculator.
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Financial Risk Manager Handbook
Authors: Philippe Jorion
6th Edition
0470904011, 978-0470904015
