Made no additional contributions to the? account

Assignment Help Financial Management

Reference no: EM131829957

You have an investment account that started with ?$1,000 10 years ago and which now has grown to ?$8,000.

a. What annual rate of return have you earned? (you have made no additional contributions to the? account)?

b. If the investment account earns 16% per year from now? on, what will the? account's value be 10 years from? now?

Reference no: EM131829957

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