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Luke believes that he can invest $5,000 per year for his retirement in 30 years. how much will he have available for retirement if he can earn 8% on his investment and begins in…

Luke believes that he can invest $5,000 per year for his retirement in 30 years. how much will he have available for retirement if he can earn 8% on his investment and begins in…
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Luke believes that he can invest $5,000 per year for his retirement in 30 years. how much will he have available for retirement if he can earn 8% on his investment and begins investing one year from now?

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User Sarreph
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8.3k points

1 Answer

3 votes
He will earn 400 or 5400
answered
User Espen Burud
by
7.9k points
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