Question
On Jan. 1, 2009 you start saving for retirement by depositing $1,000 each year for the next 30 years. Your bank account pays 6% interest
On Jan. 1, 2009 you start saving for retirement by depositing $1,000 each year for the next 30 years. Your bank account pays 6% interest compounded annually. How much money will you have for retirement on Jan. 1, 2039? The answer is: _________ (Input your number in whole numbers with NO $ signs, commas or periods. For example $49,895.54 would be input as 49896.)
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
13th edition
132743469, 978-0132743464
