If barry knows today that he will be given 75000 in 15


Barry Cuda would like to save $210,000 over the next 20 years. He will assume that his account will earn 6% annually. If Barry knows today that he will be given $75,000 in 15 years as part of an inheritance, how much additionally would he need to deposit annually over the next 20 years to reach his goal?

Solution Preview :

Prepared by a verified Expert
Finance Basics: If barry knows today that he will be given 75000 in 15
Reference No:- TGS02315694

Now Priced at $10 (50% Discount)

Recommended (92%)

Rated (4.4/5)