Solved

You Want to Have $260,000 Saved 15 Years from Now

Question 173

Multiple Choice

You want to have $260,000 saved 15 years from now. How much less do you have to deposit today to reach this goal if you can earn 8% rather than 7% on your savings?


A) $8,728.44
B) $12,273.13
C) $16,602.12
D) $17,414.41
E) $20,019.2

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions