You have a great finance job for a big manufacturer. Because you have done so well, you received the following year-end
Posted: Sat Feb 26, 2022 9:05 am
You have a great finance job for a big manufacturer. Because you have done so well, you received the following year-end cash bonuses
$9,7502015: $10,0002016: $12,5002017: $15,000You wisely invested each of your bonuses in a stock fund that earns 10% per year. How much will you have in the account at the end of 2020?
a. $71,201 b. $35,174 c. $62,313 d. $71,644 e. $60,561
$9,7502015: $10,0002016: $12,5002017: $15,000You wisely invested each of your bonuses in a stock fund that earns 10% per year. How much will you have in the account at the end of 2020?a. $71,201 b. $35,174 c. $62,313 d. $71,644 e. $60,561