What will the? account value be ten years from? now

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You have an investment account that started with ?$4,000 10 years ago and which now has grown to ?$6,000.

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

Problem 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: EM133003548

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