Al rosen invests 25000 in a mint condition 1952 mickey, Ask an Expert

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Al Rosen invests $25,000 in a mint condition 1952 Mickey Mantle Topps baseball card. He expects the card to increase in value 8 percent per year for the next 13 years.

How much will his card be worth after 13 years? Use Appendix A for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Projected Value?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92300661

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