Asked by zeenat

If you inherited $25,000 today and invested all of it in a security that paid a 7% rate of return, how much would you have in 25 years?

12 years ago

Answered by Reiny

What is
25000(1.07)^25 ?

12 years ago

Answered by zeenat

135685.81.
Is this correct?

12 years ago

Answered by Reiny

yes

12 years ago

Answered by zeenat

thank you.

12 years ago

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