Calculating expected future value of investments. Jessica Wright has always been interested in stocks. She has decided to invest 2,000 once every year into an equity mutual fund that is expected to...

Calculating expected future value of investments. Jessica Wright has always been interested in stocks. She has decided to invest
2,000 once every year into an equity mutual fund that is expected to produce a return of 6 percent a year for the foreseeable future. Jessica is really curious how much money she can reasonably expect her investment to be worth in 20 years. What would you tell her?