Question and answer
a. If you inherited $25,000 today and invested all of it in a security that paid a 7% rate of return, how much would you have in 25 years?
1,062,500
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Original conversation
User: a. If you inherited $25,000 today and invested all of it in a security that paid a 7% rate of return, how much would you have in 25 years?

Weegy: 1,062,500
babkat13|Points 9|

User: b. If the average new home cost $210,000 today, how much will it cost in 10 years I the price increases by 5% each year

Weegy: 210,000*.05= 10,500 10,500* 10 years= 105,000 105,000+ 210,000= 315,000
cutyglyde|Points 431|

User: You think that in 15 years it will cost $214,000 to provide your child with a 4-year college education. Will you have enough if you take $75,000 today and invest it for the next 15 years at 5%?

Weegy: At 5% interest for $75,000 in 15 years is not enough to make $214,000 for your child 4 year college education. You can only come up with $56,250 plus the $75,000 , a total of $131,250.
Expert answered|littlemisscaitlin|Points 110|

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Asked 310 days ago|10/27/2013 9:23:56 AM
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