Project #15062 - Finance

1.suppose you invest $1,000 today and you are going to add $50 at the end of every month after you get paid to that amount for the next 35 years with an average return of 8%.  How much money will you have as your final result?

 

2.using the same figures as question 1...Instead of $50 per month, how much per month would you have to invest for the same time period to get to $1 million dollars

Subject Business
Due By (Pacific Time) 10/21/2013 10:53 pm
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