50000*(1+2.5%)^28

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50000*(1+2.5%)^28

Guest Apr 14, 2016

Guest · Answer 1 · 2016-04-14T02:06:23

50000*(1+2.5%)^28

50,000(1+.025)^28

FV=50,000 x 1.025^28

FV=50,000 x 1.9964950

FV=$99,824.75