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I am not sure of the answer. pls provide calulation and steps Aidan wants to start their own art atelier. In her long term plan,
I am not sure of the answer. pls provide calulation and steps
Aidan wants to start their own art atelier. In her long term plan, she is going to invest $10,000.00 for the first 15 years, and 35,000.00 for the next five. Considering a 5% interest rate, and according a consulting firm projection, the atelier will cost around $350,000.00 in year 20. Are they going to have enough money? If so, how much extra money are they going to have? (c) If not, how short are they going to be? They will not have enough money. They will be missing $468,800.33 They will have enough money. The amount of extra money is $118,800.33 They will have enough money. The amount of extra is $468,800.33 0 They will not have enough money, they will be missing $118,800.33 They will have enough money. The amount of extra money is $82,006.14Step by Step Solution
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