Question
You invest $1,190,000 into a retirement account and earn 9.00% per year, compounded monthly. At retirement your account balance is $5,430,000. Over how many years
You invest $1,190,000 into a retirement account and earn 9.00% per year, compounded monthly. At retirement your account balance is $5,430,000. Over how many years did you make this investment?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
