What is the projected value of the card after 8 years

Reference no: EM13298747

Bruce invests $2,000 in a mint condition Nolan Ryan baseball card. He expects the baseball card to increase 20% a year for the next 5 years. After that, he anticipates a 15% annual increase for the next 3 years. What is the projected value of the card after 8 years?

Reference no: EM13298747

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