Question
At the moment you don't have any money saved for retirement, but have resolved to start making $491 monthly payments (starting one month from today)
At the moment you don't have any money saved for retirement, but have resolved to start making $491 monthly payments (starting one month from today) into an account expected to earn an effective annual rate of 9.9%. Given that plan, how many years will it take for you to accumulate $2.1 million?
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Building Financial Models
Authors: John Tjia
2nd Edition
0071608893, 978-0071608893
