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You will graduate in two years and your father promised you a gift of $25,000. You are an ardent investor and your speciality at University
You will graduate in two years and your father promised you a gift of $25,000. You are an ardent investor and your speciality at University is finance. You planned after graduation to open your own small business in six years' time and as such the $25,000 given by your father, will be invested for that period, to provide you with start-up capital. How much funds will you have in six years after you graduate as start-up capital for your proposed business venture. Your opportunity cost is 9%. Kindly show all workings in detail
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