Five years ago Homer Simpson won the $250,000 lottery. Of those he invests 100,000 for his retirement.
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Five years ago Homer Simpson won the $250,000 lottery. Of those he invests 100,000 for his retirement. Hey Homer Simpson plans to invest $5000 at the end of each year for his retirement, at an interest rate of 3.5%. Homer is 20 years away from retirement.
How much money will Homer have for his retirement?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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