FOUND.OF FINANCIAL MANAGEMENT-ACCESS
FOUND.OF FINANCIAL MANAGEMENT-ACCESS
17th Edition
ISBN: 9781260519969
Author: BLOCK
Publisher: MCG
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Chapter 9, Problem 19P
Summary Introduction

To calculate:The worth of $25,000 invested in a mint condition 1952 Mickey Mantle Topps baseball card after 10 years at an interest rate of 12%.

Introduction:

Future Value:

The value of an investment or an asset in a future time period is termed as future value. It is calculated by multiplying the present value of the investment or asset with its growth rate.

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FOUND.OF FINANCIAL MANAGEMENT-ACCESS

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