The great great grandparents of one of your classmates sold, Financial Management

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The great great grandparents of one of your classmates sold

The great, great grandparents of one of your classmates sold their factory to the government 104 years ago for $150,000. If these proceeds had been invested at 6%, how much would this legacy be worth today? Assume annual compounding.

A. $936,000.00

B. $1,086,000.00

C. $60,467,131.54

D. $60,617,131.54

E. $64,254,159.44

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