Question: please write down formulas and show steps You invest $20,000 in the stock market today and you expect a return of 8% annually. What do

please write down formulas and show steps please write down formulas and show steps You invest $20,000 in the

You invest $20,000 in the stock market today and you expect a return of 8% annually. What do you expect this investment to be worth in 40 years? How many years will it take for this investment to double in value? Recalculate your answers with a return of 2% quarterly

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