ow much money will you have 13 years from now?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 11EA: How much would you invest today in order to receive $30,000 in each of the following (for further...
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You will receive $8,000 in five years.  When you receive it, you will invest it for 8 more years at an annual rate of 6%.  How much money will you have 13 years from now?

 

Question 7 options:

 

16,453

 

14,680

 

17,063

 

12,751

 

15,121

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