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Without using a financial calculator if you may. (20pts) You invest $5,000 in the stock market today and you expect a return of 7% annually.

Without using a financial calculator if you may. image text in transcribed
(20pts) You invest $5,000 in the stock market today and you expect a return of 7% annually. What do you expect this investment to be worth in 20 years? How many years will it take for this investment to double in value? Recalculate your answers with a return of 7% quarterly. Describe how the investment grows over time using terminology from class

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