Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If you invested $10,000 today in the stock market, and never invested more, how much money would you have invested in 35 years if you

If you invested $10,000 today in the stock market, and never invested more, how much money would you have invested in 35 years if you made 12% interest?

A. $366,442

B. $1,018,405

C. $2,710,243

D. $527,996

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Evolution Of Nordic Finance

Authors: Steffen ElkiƦr Andersen

2011th Edition

0230241557, 978-0230241558

More Books

Students also viewed these Finance questions

Question

1. Organize and support your main points

Answered: 1 week ago

Question

3. Move smoothly from point to point

Answered: 1 week ago

Question

5. Develop a strong introduction, a crucial part of all speeches

Answered: 1 week ago