Post a New Question

finance

posted by on .

John Roberts has $42,180.53 in a brokerage account, and he plans to contribute an additional
$5,000 to the account at the end of every year. The brokerage account has an expected annual
return of 12 percent. If John’s goal is to accumulate $250,000 in the account, how many years
will it take for John to reach his goal?

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question