business

1. Heywood U. Buzzoff is 32 years old. He got rid of his cable bill and started putting the $130 per month, $1,560 per year into an investment returning 12%. How much will he have in 30 years at ane better than the pictures on the 199" high-rationaliation televinion movies madde from the bookst You must use the future value tables or the funare value exponential formula. The tables are easiert We do not une the iNTEREST - PRBNCIPAL " RATE "TIME formula until chapter 5) 2. Don Botherme is 22 years old. He also puts the same $130 per month savings from canceling his cable bill, $1,560 per year, into the same investment that returns 12% per year. He only does this for 10 years until age 32 . He then leaves it alone for 30 more years. How much will he have at age 62? 1PS. He doent iniss the able, eithee Neither will you. He joined a book club with Herwood. They afe looking for more members. Why dant you jain. too? Again, you munt use the future value tables or the future value exponential formula. The tabies are easiert