Posted by AnnMarie on Friday, December 16, 2011 at 7:00pm.
Sydney saved 50 000 during her first year of work after college and plans to invest it for her retirement in 40 years how much will she have available for retirement of she can make 8 percent on her investment

Finance  Ms. Sue, Friday, December 16, 2011 at 7:03pm
Good heavens! From what world did this question come? Fantasyland?
Saved $50,000 in one year??
8% annual interest for 40 years?

Finance  Chris, Thursday, May 31, 2012 at 12:35am
The answer is $1,086,250

Finance  Debra, Sunday, November 18, 2012 at 9:35pm
Xiao Li wishes to accumulate $50,000 by the end of 10 years by making equal annual endofyear deposits over the next 10 years. If Xiao Li can earn 5 percent on her investments, how much must she deposit at the end of each year?
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