Question
Jim is depositing 1,000 a month for 10 years at 4% return. Jim will leave the money in the account for 10 more years without
Jim is depositing 1,000 a month for 10 years at 4% return. Jim will leave the money in the account for 10 more years without making any additional deposits.
Sally waited 10 years before she made her first deposit, and is depositing 2,000 a month for 10 years.
Who will have more invested at the end of year 20?
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The Handbook Of Financial Modeling
Authors: Jack Avon
1st Edition
1430262052, 978-1430262053
