Dr. Pickens wants to buy a burger chain. He currently has $40,000. He needs to have $120,000
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Donald Draper has no money after getting canned (fired) from his job as an advertising agent. He wants to have $4,500,000 in 25 years. How much would he need to steal and invest today assuming he can rob a bank and earn 12% compound annually. He will not add additional payments. He wants to know the lump sum needed to invest today.
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0134141084
11th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
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