Question: 1 . Alex received $ 3 0 , 0 0 0 from an inheritance, and he wants to invest it for the next 2 0

1. Alex received $30,000 from an inheritance, and he wants to invest it for the next 20 years. If he can earn 7.5%, how much will his account be worth?
PV -30,000
FV 127,435.53
I/Y 7.5
N 20
PMT 0

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