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 accrue $5 million by the end of her working career? Assume a 9% interest rate, compounded monthly.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here