Question
Suppose you invest $200 a month for 5 years into an account earning 9% compounded monthly. After 5 years, you leave the money, without making
Suppose you invest $200 a month for 5 years into an account earning 9% compounded monthly. After 5 years, you leave the money, without making additional deposits, in the account for another 26 years. How much will you have in the end?
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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
