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
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-> 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
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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):