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Suppose you had $5,000 to invest at age 30. you plan to keep the money invested until you reach 60 years old. Approximate the value of the money in 30 years if the annual return would be:

Guest Mar 17, 2017
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FV = 5000 (1+i)^30       where i = decimal interest rate per year   FV = future value at 60 y/o

ElectricPavlov  Mar 17, 2017

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