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Author Question: At 6 percent compounded monthly, how long will it take to triple your money? A) 221 months B) 102 ... (Read 40 times)

stock

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At 6 percent compounded monthly, how long will it take to triple your money?
 
  A) 221 months B) 102 months C) 175 months D) 48 months

Question 2

When deciding how much to save for your retirement years the author suggests you
 
  A)
 
  save as much as you possibly can because the future is highly uncertain.
  B)
 
  first take care of your present needs, because the future has a way of taking care of itself.
  C)
 
  consult a professional planner to find out how much you must presently save.
  D)
 
  carefully weigh the marginal benefit of an additional dollars worth of present consumption versus the marginal benefit of an additional dollars worth of consumption in your retirement years.


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voltaire123

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stock

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)


cassie_ragen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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