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The average age of engineering students at graduation is a little over 23 years. This means that the working career of most engineers is almost exactly 500 months. How much would an engineer need to save each month to become a millionaire by the end of her working career? Assume a 6% interest rate, compounded monthly?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91231911

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