You are looking to save $ 90000,you currently have $15000 in the bank and plan on saving

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You are looking to save $ 90000,you currently have $15000 in the bank and plan on saving an additional $600 per month until you have the $90000 .you are going to get a interest of 4.5%. How long will it take you to save $90,000?

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Analysis for Financial Management

ISBN: 978-0077861780

11th edition

Authors: Robert Higgins

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Posted Date: May 27, 2023 01:11 AM

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You are looking to save $ 90000,you currently have $15000 in the bank and plan on saving

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To determine how long it will take to save 90000 we need to calculate the future value of the saving... View the full answer

Analysis for Financial Management

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