Question
A 20 year old friend decides to save $14 per day (365 day year). At the end of the year she moves her accumulated savings
A 20 year old friend decides to save $14 per day (365 day year). At the end of the year she moves her accumulated savings out of her checking accounting into a stock account earning 7% per year. How much will she have saved when she is 65 years old?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin
2nd Edition
0321014650, 9780321014658
