SOLUTION: IN 1964, Peter Minuit paid about 24$ to the Indians for Manhattan Island. WHat would be the value of that 24$ if it had been invested at 4.2% annual interest compounded quarterly s

Question 288837: IN 1964, Peter Minuit paid about 24$ to the Indians for Manhattan Island. WHat would be the value of that 24$ if it had been invested at 4.2% annual interest compounded quarterly since then?
Found 2 solutions by richwmiller, Alan3354:
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
That's not true. I bought Manhattan and the Brooklyn Bridge in 1950.
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
In 1964? You sure?

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