You are a well-paid engineer with a
Chapter 2, Problem 2.60(choose chapter or problem)
You are a well-paid engineer with a well-establishedinternational corporation. In planning foryour retirement, you are optimistic and expect tomake an investment of $10,000 in year 1 and increasethis amount by 10% each year. How longwill it take for your account to have a future worthof $2,000,000 at a rate of return of 7% per year?
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