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24 August, 04:39

Suppose Kay inherits $250,000, which she invest today at a rate of return of 9% compounded annually. How much will Kay's investment be worth after 25 years?

A. $21,175,224.06

B. $1,929,687.00

C. $6,250,000.00

D. $2,155,770.17

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Answers (2)
  1. 24 August, 05:18
    0
    D. $2,155,770.17
  2. 24 August, 06:07
    0
    D.$2,155,770,17
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