Anna has just received a gift of 500 for her graduation


Anna has just received a gift of $500 for her graduation, which increased her net worth by $500. If she uses the money to purchase a video player how will her net worth be affected? If she invests the $500 at 10% interest per year, what will it be worth in one year?

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Finance Basics: Anna has just received a gift of 500 for her graduation
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