Question

Bob has a goal to buy a $1.5 million beach house in 10 years. If he expects to make a 9% annual return, how much

does he need to invest today to buy his beach house in 10 years?

a) $720,000.00

b) $633,616.21

c) $677,368.72

d) $191,041.55

e) $112,800.00

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"