question archive Leo received $7,500 today and will receive another $5,000 two years from today
Leo received $7,500 today and will receive another $5,000 two years from today
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Leo received $7,500 today and will receive another $5,000 two years from today. He will invest these funds when he receives them and expects to earn a rate of return of 11.5 percent. What value does he expect his investments to have five years from today?
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