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Milos wants to have 160,816 dollars in 11 years. Milos plans to make regular savings contributions of 9,960 dollars per year for 11 years, with
Milos wants to have 160,816 dollars in 11 years. Milos plans to make regular savings contributions of 9,960 dollars per year for 11 years, with the first of these regular savings contributions made later today. In addition, Milos expects to make a special savings contribution of X in 2 years. He expects to earn 4.02 percent per year. What is X, the amount of the special savings contribution that Milos will make in 2 years from today?
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