Question
You set the goal of having $200,000 when you retire. You can save $125 each month, and invest in a mutual fund with an average
You set the goal of having $200,000 when you retire. You can save $125 each month, and invest in a mutual fund with an average return of 7.75% compounded monthly. How many years are required for you to get to your target $200,000?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
