Register

4. You invest 10,000 today. You expect to earn an average return of 7% for the next 20 years. What is a reasonable approximation of the amount you will have in 20 years?

4. You invest 10,000 today. You expect to earn an average return of 7% for the next 20 years. What is a reasonable approximation of the amount you will have in 20 years?
asked 188k views
0 votes
4. You invest 10,000 today. You expect to earn an average return of 7% for the next 20 years. What is a

reasonable approximation of the amount you will have in 20 years?

asked
User Pravin Raj
by
7.7k points

1 Answer

3 votes

Answer:

$14,000

Explanation:

answered
User Dalibor Frivaldsky
by
8.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!