In 1940 your grandmother put 1000 into a special trust to be paid to a future grandchild 60 years later , in the year 2000.How much will this trust be worth in the year 2000 if it has been earning 8% How much if it earns 12%

In 1940 your grandmother put 1000 into a special trust to be paid to a future grandchild 60 years later , in the year 2000.How much will this trust be worth in the year 2000 if it has been earning 8% How much if it earns 12%

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter13: Investment Fundamentals

Section: Chapter Questions

Problem 2DTM

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