Question: Calculate, using the FV = PV ( 1 + r ) t , what a Dow Jones Industrial Average of 2 8 , 5 0

Calculate, using the FV = PV(1+r)t, what a Dow Jones Industrial Average of 28,500 today would be if compounded at 1.6% annually until Dec 31,2099(80 years); what if compounded at 4.6% annually; what if 7.7% annually.

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