Question
Which of the following will have the highest value after 20 years, assuming the same annual interest rate of 9.5%? A. $110000 deposited now B.
Which of the following will have the highest value after 20 years, assuming the same annual interest rate of 9.5%?
A. $110000 deposited now
B. $170000 deposited after 5 years
C. $18500 deposits per year for 8 years, starting from now
D. 10 yearly deposits from now that grows at 12% per year, with $10000 as the first deposit (i.e., 10000 now, 11200 in a year, 12544 in 2 years, etc.)
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The Little Book Of Market Wizards Lessons From The Greatest Traders
Authors: Jack D. Schwager
1st Edition
1118858697, 978-1118858691
