Question 2 Part A
Twenty years ago a benefactor invested $50,000 for you. What is the current actual value of that investment today if the money was invested in a fund with a 6% market interest rate?
Question 2 Part A: Identify the correct Function Notation for this scenario.
Group of answer choices
5000 (1+0.06)
50,000(P/F, 6%, 20)
50,000(1-0.06)^20
50,000(F/P, 6%, 20)