PROBLEM SOLVING : CERTIFIED FINANCIAL PLANNER
If an individual put the equivalent of $50 per month, or $600 annually into an ordinary annuity, how much money would accumulate in 20 years at 3% compounded annually? How much at 5%?
If an individual put the equivalent of $50 per month, or $600 annually into an ordinary annuity, how much money would accumulate in 20 years at 3% compounded annually? How much at 5%?
1 answer
1 answer
1 answer
1 answer