Question

Suppose it investment of $82,000 dollars in value every seven years. how much is the investment worth after 28 years

Answer 1

The answer is $328,000. Since the investment is $82,000 every seven years, and there is 28 years. If you divide 28 by 7 you get 4. Then you multiply 82,000 by 4 to get your answer : $328,000.