Solution-Wait to become a millionaire

Wait to become a millionaire

Reference no: EM131233737

You have just won$160,000 from a lottery. If you invest all this amount in a tax-free money market fund earning 6% compounded weekly, how long do you have to wait to become a millionaire? (Round your answer to two decimal places.)

Reference no: EM131233737

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Wait to become a millionaire : You have just won$160,000 from a lottery. If you invest all this amount in a tax-free money market fund earning 6% compounded weekly, how long do you have to wait to become a millionaire? (Round your answer to two decimal places.)

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Wait to become a millionaire

Reference no: EM131233737

Reference no: EM131233737

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