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Points: 1 18 You want to have $1 million thirty years from today. You are trying to decide when to deposit money to achieve this
Points: 1 18 You want to have $1 million thirty years from today. You are trying to decide when to deposit money to achieve this goal either today, or five years from today. If you wait before making the deposit, calculate how much more you have to deposit as a lump sum. Assume you will earn an average of 4.3 percent on your money. A $97,497 B $93,794 $87,509 D $78,879 E $66,259
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