A young engineer wishes to become a millionaire bythe time
Chapter , Problem 4-28(choose chapter or problem)
A young engineer wishes to become a millionaire bythe time he is 60 years old. He believes that by careful investmenthe can obtain a 15% rate of return.He plans to add a uniform sum of money to hisinvestment program each year, beginning on his 20thbirthday and continuing through his 59thbirthday.How much money must the engineer set aside in thisproject each year?
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