Based on the amount invested and the interest rates, the value of both assets in 5 years is:
- Asset A = $1,710.66
- Asset B = $1,483.27
What are the value of the assets after 5 years?
Value of Asset A:
= 1,000 x 1.18 x 1.13 x 1.07 x 1.09 x 1.1
= $1,710.66
Value of Asset B:
= 1,000 x 1.25 x (1 - 10%) x 1.12 x 1.09 x 1.08
= $1,483.27
Full question is:
What will be the value of each asset at the end of year 5?
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