Question
Jane wants to have $200,000 in an account in 20 years. If her account earns 11 percent annually over the period, how much must she
Jane wants to have $200,000 in an account in 20 years. If her account earns 11 percent annually over the period, how much must she save today to have the $200,000?
Question 5 options:
|
| A) $21,116 |
|
| B) $24,807 |
|
| C) $26,020 |
|
| D) $28,492 |
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
