You now have 20000 in a mutual funds earning return of 06 a
You now have $20,000 in a mutual funds earning return of 0.6% a month (7.2% APY). You need $50,000 for a down-payment for your mortgage. If you save an additional $500 at the end of each month, how long would it take to accumulate $50,000?
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todays historically low interest rates may be skewing the weighted average cost of capital the wacc and making it
you now have 20000 in a mutual funds earning return of 06 a month 72 apy you need 50000 for a down-payment for your
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suppose your current salary is 52000 a year and it will grow 4 a year if you contribute 7 of salary into a 401-k plan
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