Solution-Tax-free money market fund earning

Tax-free money market fund earning

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You have just won$160,000 from a lottery. If you invest all this amount in a tax-free money market fund earning 8% compounded weekly, how long do you have to wait to become a millionaire? (Round your answer to two decimal places.)

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Tax-free money market fund earning : You have just won$160,000 from a lottery. If you invest all this amount in a tax-free money market fund earning 8% compounded weekly, how long do you have to wait to become a millionaire? (Round your answer to two decimal places.)

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Tax-free money market fund earning

Reference no: EM131397480

Reference no: EM131397480

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