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
Subject:FinancePrice:2.87 Bought7
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?
