Suppose a financial advisor tells you that you can make 10% a year on your investments. You plan to save $10000/yr for 30 years. How much money would you have at the end of the period if your return is what the advisor states? 

 Suppose your financial advisor is overly optimistic and you only make 4% per year on your investments. How much money would you have at the end of the period at 4%?

Answer rating: 100% (QA)

To calculate the future value of a series of cash flows you can use the future valu... View the full answer