Question
I make an initial deposit of $100,000 and then deposit $20,000 per quarter into a savings account quoting an interest rate(APR) OF 1.5% COMPOUNDED MONTHLY.
I make an initial deposit of $100,000 and then deposit $20,000 per quarter into a savings account quoting an interest rate(APR) OF 1.5% COMPOUNDED MONTHLY. MY GOAL IS TO WITHDRA $1,000,000 in the future. How many years should I keep depositing
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
