Question
Sam refuses to retire until his retirement account has a balance of at least $ 333,340 . Sam refuses to make any more deposits in
Sam refuses to retire until his retirement account has a balance of at least $ 333,340 . Sam refuses to make any more deposits in the account. The account currently has a balance of $ 129,617 and earns 6% per year, compounded semi-annually. How long does Sam have before he will retire?
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
