question archive You invested a sum of money in a project five years ago
You invested a sum of money in a project five years ago
Subject:EconomicsPrice:2.86 Bought8
You invested a sum of money in a project five years ago. The rate of inflation since then has been 5% per year. Today you noticed a return of $5,000 on your original investment. You calculated that your real rate of return on the original investment has been 10%. What was the size of your original investment? Show all calculations.
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