Question
Weston Inc. just agreed to pay $10,000 today, $15,000 at the end of the year, and $25,000 at the end of the next year to
Weston Inc. just agreed to pay
$10,000 today,
$15,000 at the end of the year, and
$25,000 at the end of the next year to a landowner to explore for, but not extract, valuable minerals. If the landowner invests the money at a rate of
10% compounded annually, what is the investment worth two years from today?
Weston Inc. just agreed to pay $10,000 today, $15,000 at the end of the year, and $25,000 at the end the next year to a landowner to explore for, but not extract, valuable minerals. If the landowner invests the money at a rate of 10% compounded annually, what is the investment worth two years from today
Weston Inc. just agreed to pay
$10,000today,
$15,000at the end of the year, and
$25,000at the end of the next year to a landowner to explore for, but not extract, valuable minerals. If the landowner invests the money at a rate of
10%compounded annually, what is the investment worth two years from today?
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Raising Venture Capital
Authors: Rupert Pearce, Simon Barnes
1st Edition
0470027576, 978-0470027578
