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Q12 and Q13 thanks 12. If you believe your mutual fund can achieve an annual rate of return of 10 percent and you want to

Q12 and Q13 thanks
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12. If you believe your mutual fund can achieve an annual rate of return of 10 percent and you want to buy the $300,000 Ferrari car in 12 years (on the day you turn 30), how much must you invest today? 13. If you deposit $4,500 at the end of each of the next 30 years into an account paying 8 percent interest, how much money will you have in the account in 30 years

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