To buy a retirement home, you will need $370,000 at the end of 16 years. If the
Fantastic news! We've Found the answer you've been seeking!
Question:
- To buy a retirement home, you will need $370,000 at the end of 16 years. If the effective return of 8 percent a year, how much must should be invested today to have the needed amount?
Expert Answer:
Posted Date:
