Question
Jenny Lopez estimates that as a result of completing her masters degree, she will earn an additional $8,000 a year for the next 20 years.
Jenny Lopez estimates that as a result of completing her masters degree, she will earn an additional $8,000 a year for the next 20 years.
(a) What would be the total amount of these additional earnings?
(b) What would be the future value of these additional earnings based on an annual interest rate of 8 percent?
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Personal Finance And Investments
Authors: Keith Redhead
1st Edition
0415428629, 978-0415428620
