You invest a single amount of $10,000 for 5 years at 10 percent. At the end of

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You invest a single amount of $10,000 for 5 years at 10 percent. At the end of 5 years you take the proceeds and invest them for 12 years at 15 percent. How much will you have after 17 years?

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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Question Posted: Oct 14, 2014 06:47 AM

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You invest a single amount of $10,000 for 5 years at 10 percent. At the end of

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Foundations of Financial Management

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