Jim is a farsighted 20-year-old who wants to have $5 million saved by the time he's 30.

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Jim is a farsighted 20-year-old who wants to have $5 million saved by the time he's 30. If he can earn 5% on his funds, how much he should invest today to reach his goal?

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Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Question Posted: May 17, 2016 05:48 AM

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Jim is a farsighted 20-year-old who wants to have $5 million saved by the time he's 30.

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Engineering Economy

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