A bright ou student plans to win first prize in the ohio, Ask an Expert

Economics

A bright OU student plans to win first prize in the Ohio University Scripps Innovation Challenge that began Jan 17 and ends March 13. He will invest his $10,000 winnings in a friend’s 5-year-old startup company and expects to gain 10% interest per year, compounded annually, based on contracts the firm has recently won. How much will his investment be worth at the end of 3 years when he graduates from OU?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91421825

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