A young man is the beneficiary of a huge trust fund 35 years ago. If they had set aside $25,000, how much will be in the trust now if they could invest the money at 2.5% per year compounded annually?

The correct answer is $59.330.13.

Explanation:

According to the scenario the given data are as follows:

Amount (p) = $25,000

Interest rate (r) = 2.5%

Time (T) = 35 years

So, we can calculate the amount they could invest by using following formula:

CI = P ( 1 + R)^t

= $25,000 ( 1 + 0.025)^35

= $25,000 ( 2.37320518607)

= $59,330.13

Hence, the amount they could invest is $59,330.13.

answer; blank (1) hrm specialists,blank(2); line managers;

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.