Question: Use future or present value techniques to solve the following problem. -If you inherited $75,000 today and invested all of it in a security that
Use future or present value techniques to solve the following problem. -If you inherited $75,000 today and invested all of it in a security that paid a 7 percent rate of return, how much would you have in 20 years? Round the answer to the nearest cent. Round FV-factor to three decimal places. Calculate your answer based on the FV-factor. $ Calculate your answer based on the financial calculator. $
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