Question
You would like to retire in 30 year on jan 1, 2009 you start saving for retirement by depositing 250 each month for the next
You would like to retire in 30 year on jan 1, 2009 you start saving for retirement by depositing 250 each month for the next 10 years then let it grow for the remaining 20 years with no additional deposits during the last 20 years. your bank pays 5% interest compounded monthly how much money will you have for retirement on jan 1 2039?
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Fundamentals Of Financial Management
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
11th Edition
1111795207, 9781111795207
