In 2 years from today, Dru plans to invest 5,700 dollars in an accoun.pdf

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In 2 years from today, Dru plans to invest 5,700 dollars in an account that is expected to earn 8.34 percent per year. In 1 year(s), Dru plans to invest 9,500 dollars m the same account. In 11 years from today, how much money will Dru have In his account? Solution The amount supposed to be there in that account in 11 years from today =$5,700(1+.0834)9+$9,500(1+0.0834)10 =$5,700*2.0564+$9,500*2.2279=$32,886.53.

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