You are scheduled to receive 21000 in two years when you


You are scheduled to receive $21,000 in two years. When you receive it, you will invest it for six more years at 9.25 percent per year. Required: How much will you have in eight years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: You are scheduled to receive 21000 in two years when you
Reference No:- TGS01367131

Expected delivery within 24 Hours