You’ll get $7,500 in three years. You will immediately invest

jagguarpaw January 7, 2017 0 Comments

Question: You’ll get $7,500 in three years. You will immediately

You’ll get $7,500 in three years. You will immediately invest it for eight more years at 7.5 percent per year. How much will you have in eleven years?

Solve with financial calculator and explain each step.