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Calculate how much you would have in 20 years if you saved $3,000 a year at an annual rate of 8 percent with the company contributing $750 a year. Use Exhibit 1-B. (Round time value factor to 3 decimal places and answer to the nearest whole dollar.)

Sagot :

Calculate how much you would have in 20 years if you saved $3,000 a year at an annual rate of 8 percent with the company contributing $750 a year. Use Exhibit 1-B. (Round time value factor to 3 decimal places and answer to the nearest whole dollar.)

Answer:

69/100 you would save since it decreased in value