The expected value of a stock in three years that grows at 4 percent a year and has a current value of £100.
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The expected value of a stock in three years that grows at 4 percent a year and has a current value of £100.
Mathematically it is 112.49 but such predictions are impossible in share pricing anywhere in the world.
I assume that this question has more to do with math than investing. Use your number pad and do this. 100 x l.04 X l.04 X l.04. It does amount to 112.49 ( even in dollars.)
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