In an effort to have enough money to finance his pas- sion for top-level off-road...
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In an effort to have enough money to finance his pas- sion for top-level off-road racing, a mechanical engi- neering graduate decided to sell some of his toys." At time t = 0, he sold his chopper motorcycle for $18,000. Six months later, he sold his Baja pre-runner SUV for $26,000. At the end of year 1, he got $42,000 for his pro-light race truck. If he invested all of the money in a high-risk commodity hedge fund that earned 24% per year, compounded semiannually, how much did he have in the account at the end of 2 years?
solve it by using excel
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