Question
If Roberto wants to save $3,000,000 by retirement and can earn 11% interest (annual) on his...
If Roberto wants to save $3,000,000 by retirement and can earn 11% interest (annual) on his investments, how long will it take him to reach his goal, if he saves $1,000 per month?
Group of answer choices
41 years and 8 months (approx)
22 years exactly
30 years and 7 months (approx)
66 years and 3 months (approx)
Homework Answers
Answer #1
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