Question
You want to quit your job and go back to school for a masters degree 6 years from now. Your plan is to save 8,800
You want to quit your job and go back to school for a masters degree 6 years from now. Your plan is to save 8,800 per year beginning immediately. You will make 4 deposits in an account that pays 3.75% interest,
How much will you have in 6 years?
How much would you have if instead of starting saving immediately you start saving at the end of the year? Explain the difference
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ISE Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
12th International Edition
1265450099, 9781265450090
