An engineer in an industry has received a year- end bonus of $10,000 which will be invested immediately. With a profit forecast of 8% annually, the engineer hopes to have the full amount in exactly 20...

An engineer in an industry has received a year-<br>end bonus of $10,000 which will be invested<br>immediately. With a profit forecast of 8%<br>annually, the engineer hopes to have the full<br>amount in exactly 20 years to pay for family<br>vacation when the eldest daughter is about to<br>graduate from college. How much will it be in 20<br>years<br>

Extracted text: An engineer in an industry has received a year- end bonus of $10,000 which will be invested immediately. With a profit forecast of 8% annually, the engineer hopes to have the full amount in exactly 20 years to pay for family vacation when the eldest daughter is about to graduate from college. How much will it be in 20 years

Jun 08, 2022

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An engineer in an industry has received a year- end bonus of $10,000 which will be invested immediately. With a profit forecast of 8% annually, the engineer hopes to have the full amount in exactly 20...

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