Question: How is the answer $345852? Your answer is correct. If Susan has a surplus of $4800 per year and chooses to save that surplus for

How is the answer $345852?

How is the answer $345852? Your answer is correct. If Susan has

Your answer is correct. If Susan has a surplus of $4800 per year and chooses to save that surplus for her future, needs, how much wealth will her surplus savings be worth after 20 years if she can earn a 12% rate of return? Approximately $46302. Approximately $345852. Appro ately $480000. There is not enough information to answer this

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