How long will it be before you are a millionaire

Reference no: EM13296537

You have just inherented $550,000. You plan to save this money and continue to live off the money that you are earning in your current job. If the $550,000 is everything that you have other than an old car and some beatup funiture, and you can invest the money in a bond that pays 4.6 percent interest annually, how long will it be before you are a millionaire?

Reference no: EM13296537

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