What would the investment be worth today

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Your distant ancestor deposited $1,000 into an investment, 200 years ago. The investment earned 6.5% per year.

Problem A. What would the investment be worth today if the investment earned simple interest? (nearest dollar without dollar sign ($) or comma, e.g. 15000)

Problem B. What would the investment be worth today if the investment earned compound interest? (nearest dollar without dollar sign ($) or comma, e.g. 15000)

Reference no: EM133005993

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