Future value of invested funds


Which would you rather have: $100,000 cash now or $100,000 at 8% interest invested in bonds after maturing in 20 years?

Please explain your choice and why. It would be your own choice. Kind of like winning the lottery.

I just need to know calc for what $100,000 at 8% interest invested in bonds would be after maturing in 20 years.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Future value of invested funds
Reference No:- TGS01738733

Now Priced at $20 (50% Discount)

Recommended (91%)

Rated (4.3/5)