Explain how money would be invested

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Reference no: EM133919616

Problem

Margarita wants to have $ 100,000.00 when I am 24 years old. If you invest your money in the bank to achieve your goal, and you can get an interest rate of 6.5% per year, how much money you will have to invest at this time to get your goal. At this time Margarita is 18 years old. Get the instant assignment help. Explain how money would be invested. For example, in a semiannually capitalizable instrument, etc.

Reference no: EM133919616

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