How much will this investment be worth at the end of the 38


Steve is considering investing $3,351 a year for 38 years. How much will this investment be worth at the end of the 38 years if he earns an average annual rate of return of 14.7 percent? Assume Steve invests his first payment of the end of this year.

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Financial Management: How much will this investment be worth at the end of the 38
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