Question
your son is born today and you want to make him a millionaire by the time he is 50 years old. you deposit $10,700 in
your son is born today and you want to make him a millionaire by the time he is 50 years old. you deposit $10,700 in an investment account and want to know what annual interest rate must you earn in order to have the account value equal to $1,000,000 on your son's 50th birthday.
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Principles Of Finance With Excel
Authors: Simon Benninga
2nd Edition
0199755477, 9780199755479
