A bright ou student plans to win first prize in the ohio


A bright OU student plans to win first prize in the Ohio University Scripps Innovation Challenge that began Jan 17 and ends March 13. He will invest his $10,000 winnings in a friend’s 5-year-old startup company and expects to gain 10% interest per year, compounded annually, based on contracts the firm has recently won. How much will his investment be worth at the end of 3 years when he graduates from OU?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: A bright ou student plans to win first prize in the ohio
Reference No:- TGS01142239

Expected delivery within 24 Hours