Jean invests $100 in Year 1 and doubles the amount each year after that (so the investment

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Jean invests $100 in Year 1 and doubles the amount each year after that (so the investment is $100, 200, 400, 800, . . .). If she continues to do this for 10years, and the investment pays 10% annual interest, what is the future worth of her investment at the end of 10 years?
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Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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