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October 1, 2014

October 1, 2014

Posted by **Susan** on Friday, December 4, 2009 at 4:19am.

(A) In 53 years’ time.

(B) In 20 years’ time.

(C) In 4 years’ time.

(D) In 2 years’ time.

(E) Right now.

- Economics/Math -
**economyst**, Friday, December 4, 2009 at 2:28pmIf you sold right now and put the money in the bank, after one year you would have 500*(1.05) = 525. After two years you would have 525*(1.05) = 551.25. So, assuming you get no enjoyment from looking at the painting, go with E)

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