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Your distant ancestor deposited $1,000 into an investment, 200 years ago. The investment earned 6.5% per year. A. What would the investment be worth
Your distant ancestor deposited $1,000 into an investment, 200 years ago. The investment earned 6.5% per year. A. What would the investment be worth today if the investment earned simple interest? (nearest dollar without dollar sign ($) or comma, e.g. 15000) B. What would the investment be worth today if the investment earned compound interest? (nearest dollar without dollar sign ($) or comma, e.g. 15000) Check
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