Answered: John Freeman is investing $8,571 at the…

John Freeman is investing $8,571 at the end of each year in a fund that earns 4% interest. In how many years will the fund be at $90,700? (Round answer to O decimal places, e.g. 45.) Years 11

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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