Question
you invest $300 at the beginning of each month into you account for the next 40 years and earn 10% the first 20 years, then
you invest $300 at the beginning of each month into you account for the next 40 years and earn 10% the first 20 years, then earn 8% for the next 20 years. How much will you have accumulated at the end of 40 years?
A. $899,689
B. $1,299.084
C. $892,712
D. $1,309,615
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
