Question: You just received a $ 5 , 0 0 0 gift from your grandmother which you have decided to save and then gift to your
You just received a $ gift from your grandmother which you have decided to save and then gift to your own grandchildren years from now. How much additional money. will you gift if you earn percent interest rather than percent interest over the next years? Assume annual compounding.
$
$
$
None of these answers are correct
$
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