Macroeconomics Question?

Summer wants her $16 million dollar stock portfolio to grow over the next 10 years. If she can get a rate of return of 10% how much is the account worth in 5 years?

2007-03-18 19:58:26 · 1 answers · asked by Anonymous in Social Science ➔ Economics

1 answers

This is math not Macroeconomics
(1+.10)^5
paste this into Google and its calculator will give you the answer.

2007-03-18 22:58:20 · answer #1 · answered by meg 7 · 0⤊ 0⤋

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