Question: fun TVM problem: suppose you went out to eat two days less per month?How much would you save each month?Also, suppose that you decided to
fun TVM problem: suppose you went out to eat two days less per month?How much would you save each month?Also, suppose that you decided to use these funds to establish a "trust" for your family (maybe your kids, or your kids' kids).Finally, suppose you invest in a mutual fund that emulates the market for 50 years at 12% per year.What is the future value (FV) of your investment?
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