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1. You invest 10,000 today. You expect to earn an average return of 7% for the next 20 years. What is a reasonable approximation of the amount you will have in 20 years? 2. You have an account worth 5,
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1. You invest 10,000 today. You expect to earn an average return of 7% for the next 20 years. What is a reasonable approximation of the amount you will have in 20 years?

2. You have an account worth 5,500. You earn interest on this account at a rate of 4.25% (compounded annually) for 15 years. What is the account value at the end of 15 years?

User RenatoSz
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Answer:

got u bro

Explanation:

1. You invest 10,000 today. You expect to earn an average return of 7% for the next-example-1
1. You invest 10,000 today. You expect to earn an average return of 7% for the next-example-2
User Stefan Matei
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