2013年11月13日星期三

Finance Homework Question Need Help?

  • mode calculator
Hi I need some help with steps, please also detail how to solve with calculator (TI BAII) if possible.


You want to be a millionaire when you retire in 40 years. You can earn an 11% annual return. How much more will you have to save each month if you wait 10 years to start saving versus if you start saving at the end of this month?


Answer was $240.29 but I don't get why.

Finance Homework Question Need Help?

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