1 value of investment floyd wants to invest the 15000 he, Ask an Expert

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1. Value of Investment. Floyd wants to invest the $15,000 he received from his grandfather's estate. He wants to use the money to finance his education when he pursues his doctorate in five years. What amount will he have in five years if he earns a 9% return? If he receives a 10% return? A 12% return?

2. Value of Investment. Morris will start investing $1,500 a year in stocks. He feels he can average a 12% return. If he follows this plan, how much will he accumulate in 5 years? In 10 years? In 20 years?

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Financial Management, Finance

Category:- Financial Management
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