What is future worth of your investment in year

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Reference no: EM131947548

General price inflation is estimated to be 3% for the first 5 year, 5% for the 5 years after that, and 8% the following 5 years. If you invest $10,000 at 10% per year for those 15 years:

A. What is the future worth of your investment in year 15 in actual dollars?

B. What is the future worth of your investment in year 15 in year-0-dollars?

C. What is the average inflation for those 15 years?

Reference no: EM131947548

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