You invest $30,000 today and $4000 per year for 32 years Assuming you earn an 8 7 rate of return, how much will you have at the end of the 32nd year How much more do you have after 40 years Of that additional money, how much came fror your contributions and how much from investment income You inve...

To calculate the future value of the investment after 32 years we can use the future value formula f ...

You invest $30,000 today and $4000 per year for 32 years. Assuming you earn an 8.7%...

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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You invest $30,000 today and $4000 per year for 32 years. Assuming you earn an 8.7%...

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