Nancy Cardoza invested $3.050 in ExxonMobil stock because her research indicated the company should average...
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Nancy Cardoza invested $3.050 in ExxonMobil stock because her research indicated the company should average an 8 percent return over the next four years. If ExcxonMobil does earn 8 percent each year, what will her $3,050 investment be worth at the end of four years? Use Exhibit 1.A. (Round time value foctor to 3 decimal places and final onswer to 2 decimal places.) Future value
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