What is the projected value of the card after eight years

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Question: Bruce Sutter invests $2,000 in a mint condition Nolan Ryan baseball card. He expects the card to increase in value by 20 percent a year for the next five years. After that, he anticipates a 15 percent annual increase for the next three years. What is the projected value of the card after eight years?

Reference no: EM131787946

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