Question: Larry Doby invests $50,000 in a mint condition 1952 Rocket Richard Topps hockey card. He expects the card to increase in value 8 percent per

Larry Doby invests $50,000 in a mint condition 1952 Rocket Richard Topps hockey card. He expects the card to increase in value 8 percent per year for the next five years. How much will his card be worth after five years? Use Appendix A.

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