Question
In 1985, the winner of a competition was paid $110. In 2006, the winners prize was $70,000. What will the winners prize be in 2040
In 1985, the winner of a competition was paid $110. In 2006, the winners prize was $70,000. What will the winners prize be in 2040 if the prize continues at the same rate?
A. 389,400 or B.421,122 or C.479,311 or D. 505,697 or E. 548,121
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The New Finance Overreaction Complexity And Their Consequences
Authors: Robert A. Haugen
4th International Edition
0132775875, 9780132775878
