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498 | CHAPTER 6 Challenge #15: investment Choose an investment goal: saving for a child's college fund Alland toblo saving for retirement saving to invest
498 | CHAPTER 6 Challenge #15: investment Choose an investment goal: saving for a child's college fund Alland toblo saving for retirement saving to invest in a new cryptocurrency F ( + ) = [g( + ) " ( b -+ ) Explore your chosen goal with the continuous income flow formula. Play with the formula's parameters (i.e., b, the number of years, r, the interest rate, and g(t), the annual investment). If you chose retirement saving, research current interest rates for various investing options such as mutual funds, savings accounts, S&P 500 stocks, annuities, etc. If you chose cryptocurrency investing, how many years will you save cash before investing? Use your research to create and describe at least three different scenarios. For example, one scenario might be b = 30, r = .04%, g(1) = 5000 + 1000t. Why did you choose these values? How much will you have at the end of b years? | frontand Had Beenharden
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