You have a habit of drinking a cup of Starbucks coffee ($3.50 a cup) on the way

Question:

You have a habit of drinking a cup of Starbucks coffee ($3.50 a cup) on the way to work every morning. If instead you put the money in the bank for 30 years, how much would you have at the end of that time, assuming that your account earns 5% interest compounded daily1? Assume also that you drink a cup of coffee every day, including weekends.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: