Answer:
the amount that should be worth in 25 years is $2,155,770
Step-by-step explanation:
The computation of the amount that should be worth in 25 years is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= $250,000 × (1 + 0.09)^25
= $250,000 × 1.09^25
= $2,155,770
Hence, the amount that should be worth in 25 years is $2,155,770
