Ansm Audrey worked a part-time job during college to help pay for various expenses. She also set aside $200 each month and invested it into the stock market. During that time, the stock market retumed 10.6 % annually. If she did this each month for the four years she was in college, how much will her account be worth when she graduates? Enter your answer as a numerical value (no labels), rounded to the nearest dollar

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section: Chapter Questions
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Ansm Audrey worked a part-time job during college to help pay for various expenses. She also set aside $200 each month and invested it into the stock market. During that time, the stock market retumed 10.6 % annually. If she did this each month for the four years she was in college, how much will her account be worth when she graduates? Enter your answer as a numerical value (no labels), rounded to the nearest dollar

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