Question
Joey has $10,000 to invest today and will invest an additional amount of $100 a month for the next 22 months. He expects his investment
Joey has $10,000 to invest today and will invest an additional amount of $100 a month for the next 22 months. He expects his investment to earn a return of 7.2%, compounded monthly. How much will his investment be worth 2 years from now?
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Public Finance
Authors: Richard W. Tresch
3rd Edition
012415834X, 9780124158344
