How much will stephanie have at the end of the seven years

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Reference no: EM131995145

Stephanie Watson plans to make the following investment beginning next year. She will invest $2,290 in each of the next three years, and will then make investments of $3,650, $3,725, $3,875, and $4,000 over the following four years.

If the investments are expected to earn 12.25 percent annually, how much will Stephanie have at the end of the seven years? (Round answer to 2 decimal places, e.g. 15.25.)

Reference no: EM131995145

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