Question
Sarah is planning to invest in a stock that she believes will grow at a rate of 8% per year for the next 10 years.
Sarah is planning to invest in a stock that she believes will grow at a rate of 8% per year for the next 10 years. She plans to invest $10,000 today. How much will her investment be worth at the end of 10 years?
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
