Question
You just deposited $6,300 in a retirement account and expect to earn an average return of 6.3 percent on this money until you retire in
You just deposited $6,300 in a retirement account and expect to earn an average return of 6.3 percent on this money until you retire in 30 years. How much additional income would you have earned if you had made the deposit 8 years ago?
Answer to 2 decimals.
FV after 30 years =
FV if you invested earlier =
Difference =
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Blueprint For Success Writing Business Plans For Engineering Startups
Authors: Maxwell E. Uduafemhe Phd
1st Edition
979-8862953190
