Fifteen (15) years ago, your parents purchased an investment for $2,500. If the investment earned 6 percent interest each year, how much is it worth today?

Chapter 4, Problems #2

Fifteen (15) years ago, your parents purchased an investment for $2,500. If the investment earned 6 percent interest each year, how much is it worth today?

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Related Book For answer-question

CFIN

5th edition

Authors: Scott Besley, Eugene Brigham

ISBN: 978-1305666870