A client has a $5 million portfolio and invests 5 percent of it in a money market

Question:

A client has a $5 million and invests 5 percent of it in a money market fund projected to earn 3 percent annually. Estimate the value of this portion of his after seven years?
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...