Solved: Interest invested in bonds, Accounting Basics

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Interest invested in bonds

Problem:

Which would you rather have: $100,000 cash now or $100,000 at 8% interest invested in bonds after maturing in 20 years?

Please explain your choice and why. It would be your own choice. Kind of like winning the lottery.

I just need to know calc for what $100,000 at 8% interest invested in bonds would be after maturing in 20 years.

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Accounting Basics: Interest invested in bonds

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