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Category > Business & Finance Posted 18 May 2017 My Price 12.00

Value of Investment. Floyd wants to invest

1. Value of Investment. Floyd wants to invest the $15,000 he received from his grandfather’s estate. He wants to use the money to finance his education when he pursues his doctorate in five years. What amount will he have in five years if he earns a 9% return? If he receives a 10% return? A 12% return?

2. Value of Investment. Morris will start investing $1,500 a year in stocks. He feels he can average a 12% return. If he follows this plan, how much will he accumulate in 5 years? In 10 years? In 20 years?

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Status NEW Posted 18 May 2017 04:05 AM My Price 12.00

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