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| Teaching Since: | May 2017 |
| Last Sign in: | 353 Weeks Ago |
| Questions Answered: | 20103 |
| Tutorials Posted: | 20155 |
MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Question description
Question, tom is age 35 and will be investing $2,000 a year until he is age 65. He expects investment returns of 9%. What is the value of these investments when he retires? What is the future value factor from the appendix? What is the value of his investment if he wants to retire at age 60?
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