formula
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How can I understand these operations and what's its formula in the Millionaire Fastlane Book? Is it compound interest formula?
BOOKSExamine these pathetically common examples. Assume a 5% savings rate on gross salary and an annual investment yield of 8% per year. We’ll exclude taxes and inflation. Salary @ $25,000/yr, save $1,250/year, invested over 40 yrs @ 8% = $362,895 Salary @ $50,000/yr, save $2,500/year, invested over...- manuelortizus
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- compound interest formula the millionary fastlane book
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