finance (math)

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If you inherited $25,000 today and invested all of it in a security that paid a 7% rate of return, how much would you have in 25 years?

  • finance (math) -

    What is
    25000(1.07)^25 ?

  • finance (math) -

    135685.81.
    Is this correct?

  • finance (math) -

    yes

  • finance (math) -

    thank you.

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