you invest $20,000 in the stock market today and you expect a return of 8% annually. What do you expect this investment to be worth in 40 years? How many years will it take for this investment to double in value? Recalculate your answers with the return of 2% quarterly. Compare and contrast the two different rates of return and describe how the investment grows over time. use language typically found in finance class.

Planet Express Corporation Balance Sheet December 31, 2020 Cash Accounts receivable Inventory Current assets $100,000 300,000 200.000 $222222 Accounts payable Notes payable Current liabilities Long-term debt Total liabilities $400,000 500.000 $24.722 600.000 $7222222 Tangible net fixed assets Intangible net fixed assets $1,300,000 100.000 Common stock Accumulated retained earnings $100,000 1212 Total assets Sama Total liabilities & owners' equity 5 Income Statement Jan Dec 31, 2020 Sales Costs Depreciation EBIT Interest Taxable income Taxes 213 Net income $800,000 500,000 100,000 $21 40.000 $27