XTREME6113 XTREME6113

24-05-2023
Business

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Question 2 now. You always dream to be a millionaire in your entire life and you have only $5,000 to invest Suppose you come across an investment opportunity which offers 12% annual return with monthly compounding. Calculate at what age you can realize your dream assuming that you are 20 years old today. (4 marks)

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