Question
Suppose that you have a goal of accumulating $100,000 ten years from today. You expect to earn 10% per year on your savings. As of
Suppose that you have a goal of accumulating $100,000 ten years from today. You expect to earn 10% per year on your savings. As of today, you have $10,000 saved towards your goal. How much more, if any, would you need to deposit into your account today in order to meet your goal?
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Contemporary Issues In Quantitative Finance
Authors: Ahmet Can Inci
1st Edition
1032101121, 978-1032101125
