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Engineering, 04.03.2020 19:39 MendesMist

A young engineer wishes to become a millionaire by the time he is 60 years old. She belives that by careful investment he can obtain a 15% rate of return. She plans to add a uniform sume of money to his investment program each year, beginning on his 20th birthday and continuing through his 59th birthday. How much money must the enigneer set aside in this project each year?

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A young engineer wishes to become a millionaire by the time he is 60 years old. She belives that by...

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