assume cindy wants to accumulate 150,000 by her retirement date. will she achieve her goial if she invests 30,000 today and earns 6 percent?
if cindy invests a total of 30,000 through a series of 24 equal annual installments at the end of the year instead of a single amount, would Cindy accumulate the desired 100,000 at the 6 percent annual interest. The first in vestment would be made one year from today
cindy has decided to retire in 24 years. She has 30,000 available todaqy and wants to invest the money to supplement her pension plan.