Suppose Kay inherits $250,000, which she invest today at a rate of return of 9% compounded annually. How much will Kay's investment be worth after 25 years?
A. $21,175,224.06
B. $1,929,687.00
C. $6,250,000.00
D. $2,155,770.17
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Home » Mathematics » Suppose Kay inherits $250,000, which she invest today at a rate of return of 9% compounded annually. How much will Kay's investment be worth after 25 years? A. $21,175,224.06 B. $1,929,687.00 C. $6,250,000.00 D. $2,155,770.17