You just celebrated your 25th birthday today. You plan to invest $2000 annually, with the first $2000
Fantastic news! We've Found the answer you've been seeking!
Question:
You just celebrated your 25th birthday today. You plan to invest $2000 annually, with the first $2000 invested on your 26th birthday and the last invested on your 60th birthday.
What is the value of this investment on your 61st birthday if all invested funds earn 6 percent annually?
Related Book For
Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio
ISBN: 978-1118630914
1st edition
Authors: Robert A.Weigand
Posted Date: