Question
A twenty year-old college student decides to forgo coffee at Starbucks and instead invest the saved $600 per year into a mutual fund earning 6%
A twenty year-old college student decides to forgo coffee at Starbucks and instead invest the saved $600 per year into a mutual fund earning 6% compounding annually. The amount he would have in the fund by age 65 is closest to:
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
6th International Edition
0071229035, 978-0071229036
