How much did my parents originally invest

Reference no: EM132028051

Question: 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 my parents originally invest? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132028051

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