Question
What annual interest rate would you need to earn if you wanted a $2,050 per month contribution starting 1 month from today to grow to
"What annual interest rate would you need to earn if you wanted a $2,050 per month contribution starting 1 month from today to grow to $759,350 in 20 years (Assume monthly compounding and that you are starting with no savings)?"
| 4.04% | ||
| 4.17% | ||
| 4.19% | ||
| 4.09% | ||
| 6.04% | ||
| 6.81% | ||
| 4.89% |
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The Changing Geography Of Banking And Finance
Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro
1st Edition
1441947205, 978-1441947208
