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You have $ 1 7 , 2 5 0 you want to invest for the next 2 2 years. You are offered an investment plan
You have $ you want to invest for the next years. You are offered an investment plan
that will pay you percent per year for the next years and percent per year for the last
years.
a How much will you have at the end of the years?
Note: Do not round intermediate calculations and round your answer to decimal
places, eg
b If the investment plan pays you percent per year for the first years and percent per
year for the next years, how much will you have at the end of the years?
Note: Do not round intermediate calculations and round your answer to decimal
places, eg
a Account value
b Account value
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