My parents made a lump sum investment for me 50 years ago
My parents made a lump sum investment for me 50 years ago at 4.4% interest rate (compounded daily). Today, they gave my kids a check in the amount of $50,000, the total proceeds from their investment. How much did they initially invest?
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my parents made a lump sum investment for me 50 years ago at 44 interest rate compounded daily today they gave my kids
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