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Ques. 4 You have just inherited S550,000. You plan to save this money and continue to live off the money that you are earning in

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Ques. 4 You have just inherited S550,000. You plan to save this money and continue to live off the money that you are earning in your current job. If the $550,000 is everything that you have other than an old car and some beat-up furniture, and you can invest the money in a bond that pays 4.6 percent interest annually How long will it be before you are a millionaire? 4 marks) Page 4 of 5

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