You invested $50,000 today (current age is 20 years old). You want to retire by age 70.
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Question:
You invested $50,000 today (current age is 20 years old).
You want to retire by age 70. If you realize 7.2% interest annually over the fifty (50) years, what is the Future Value of your original investment of $50,000 if your interest was compounded: Annually, Monthly, Daily, and Continously?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: