You are considering putting $30,000 in an investment with an expected annual return of 8%. Suppose you
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You are considering putting $30,000 in an investment with an expected annual return of 8%. Suppose you make the investment and after 9 years reinvest your proceeds in another investment that will return 6%. How much will you have after 20 years from today? Round to the nearest cent.
Related Book For
Introduction to Operations and Supply Chain Management
ISBN: 978-0132747325
3rd edition
Authors: Cecil B. Bozarth, Robert B. Handfield
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