You decide to fund your IRA at $6,000 per year for the next 40 years. How much will your account be worth if the interest on your account is 9% compounded daily?
You decide to fund your IRA at $6,000 per year for the next 40 years. How much will your account be worth if the interest on your account is 9% compounded daily?
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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