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Wolf Blizter would like to make his first million. If he has $540,000 today and he can earn an interest rate of 8% (compounded annually),
Wolf Blizter would like to make his first million. If he has $540,000 today and he can earn an interest rate of 8% (compounded annually), how long will he have to wait to earn $1 million? a. About 1.80 years b. About 5.80 years C. About 8.01 years d. About 10.09 years e. About 12.50 years
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