You have $29,000 in a brokerage account, and you plan to deposit an additional $1,000 at...
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You have $29,000 in a brokerage account, and you plan to deposit an additional $1,000 at the end of every future year until your account totals $100,000. You expect to earn 10% annually on the account. How many years will it take to reach your goal? You have $29,000 in a brokerage account, and you plan to deposit an additional $1,000 at the end of every future year until your account totals $100,000. You expect to earn 10% annually on the account. How many years will it take to reach your goal?
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Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
Posted Date:
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