You purchase an investment for $5,000. You expect it will increase in value at a rate of 3% per year. If your expectations are correct, how much will your investment be worth at the end of 19 years? Your Answer: Answer

You purchase an investment for $5,000. You expect it will increase in value at a rate of 3% per year. If your expectations are correct, how much will your investment be worth at the end of 19 years? Your