Question
After being drafted in the first round of the NFL draft, a star defensive end invests his signing bonus of $9,036,000.00 in a mutual fund.
After being drafted in the first round of the NFL draft, a star defensive end invests his signing bonus of $9,036,000.00 in a mutual fund. The fund pays on average 7.00% APR. The player will not touch this money until he retires from the league in 12.00 years. How much will this nest egg be worth at retirement
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National Finance A Chinese Perspective
Authors: Yunxian Chen, Heming Yong
1st Edition
9813360917, 978-9813360914
