What is the future value of that investment in eight years


Problem

You are thinking of investing $100,000 today at an interest rate of 7% per year over 8 years. What is the future value of that investment in 8 years?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the future value of that investment in eight years
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