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lovepink1122 lovepink1122
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10 months ago
Bonnie and Clyde want to take a six-month leave of absence from their jobs to travel extensively in South America. Rounded to the next higher month, how long will it take them to save $40,000 for the leave if they make month-end contributions of $700 to their employer's salary deferral plan? The salary deferral plan earns 7.5% compounded semiannually.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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kogilviekogilvie
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10 months ago
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lovepink1122 Author
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10 months ago
Smart ... Thanks!
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this is exactly what I needed
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