You start working at the age of 20 and you plan to deposit $5000 in savings account
Question:
a) At the end of this time how much money will you have if the interest rate is 5%
b) You decided that's not enough money how much will you have to save every year if you wish to have $ 1,000,000 when you retire
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Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
Question Posted:
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