Question
You deposit $1,000 today and want to save $100 each month beginning one month from today. Your account earns a 5 percent annual interest rate.
You deposit $1,000 today and want to save $100 each month beginning one month from today. Your account earns a 5 percent annual interest rate. How long will it take you to accumulate $5,000?
Multiple Choice
29.3 months
52.1 months
42.6 months
35.7 months
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Passive Income Stacking Handbook How To Reach Financial Freedom Faster Regardless Of Your Age Or Situation
Authors: Mark Walters
1st Edition
0578530171, 978-0578530178
