Question
You have decided to start slowly investing in a total markets fund with your hard earned cash. You expect the market to yield an average
You have decided to start slowly investing in a total markets fund with your hard earned cash. You expect the market to yield an average of12.5% per year for theforseeablefuture.Youplan to invest $940 at the end of each year.How much will you accumulate after 18 years of investing?Round to two decimal places(Ex.$00.00)
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
