Joe and sam each invested 20000 in the stock market joes, Ask an Expert

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Joe and Sam each invested $20,000 in the stock market. Joe's investment increased in value by 5% per year for 10 years. Sam's investment decreased in value by 5% for 5 years and then increased by 12.5% for the next 5 years. AT the end of 10 years, what was the value of each person's investment?

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Financial Management, Finance

Category:- Financial Management
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