Question: Suppose you save $10,000 from working an extra job. Rather than spending the money, you decide to save the money for retirement by investing in
Suppose you save $10,000 from working an extra job. Rather than spending the money, you decide to save the money for retirement by investing in a mutual fund that averages 9% per year. How long will it take for this money to grow to $500,000? Use the model A(t)=Pert A(t)=Pert and round to the nearest tenth of a year. Based on this outcome what do you think about saving? Please discuss your opinion and also comment to at least 2 posts. Remember that there is nothing wrong in your own opinion
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