Find what is the future worth at 15 years of the investment

Reference no: EM13313568

general price inflation is estimated to be 3% for the next 5 years, 5% the 5 years after that, and 8% the following five years. If you invest $10,000 at the market rate of 10% for those 15 years, what is the future worth at 15 years of your investment in then-current dollars and in year-0 dollars?

Reference no: EM13313568

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