Question
Adams Bogut just received a signing bonus of $939,000. His plan is to invest this payment in a fund that will earn 10%, compounded annually.
Adams Bogut just received a signing bonus of $939,000. His plan is to invest this payment in a fund that will earn 10%, compounded annually. If Bogut plans to establish the AB Foundation once the fund grows to $2,214,115, how many years until he can establish the foundation?
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Business Process Modeling Simulation And Design
Authors: Manuel Laguna, Johan Marklund
3rd Edition
1138061735, 978-1138061736
