Question
One month from now, Shiva will make his first monthly contribution of $250 to a Tax-Free Savings account (TFSA). Over the long run, he expects
One month from now, Shiva will make his first monthly contribution of $250 to a Tax-Free Savings account (TFSA). Over the long run, he expects to earn 8% compounded annually. How long will it take for the contributions and accrued earnings to reach $100 000?
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
