Question
3.- A 15 year old boy wants to be a millionair when he is 50 years old. How much money should he put in the
3.- A 15 year old boy wants to be a millionair when he is 50 years old. How much money should he put in the bank now, if the annual interest rate is 8% ? What should he put in if the interest rate is 12% annual ?
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Principles Of Managerial Finance
Authors: Chad J. Zutter, Scott Smart
16th Edition
0136945880, 978-0136945888
