Trinity now has $300. How much would she have after 10 years if she leaves it invested at 8.5% with annual compounding?   a. $729.31     b. $689.67     c. $625.16     d. $325.50     e. $678.30

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 25PROB
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Trinity now has $300. How much would she have after 10 years if she leaves it invested at 8.5% with annual compounding?
  a. $729.31  
  b. $689.67  
  c. $625.16  
  d. $325.50  
  e. $678.30
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