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After Watching "Who Wants to Be a Millionaire," You Have

question 92

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After watching "Who Wants to Be a Millionaire," you have decided you want to join the millionaire's club. Your goal is to have $1,000,000 in 35 years. If you can invest in a mutual fund that you project will earn a 10% return, how much must you invest each year to meet your goal? (Round to nearest $)


Definitions:

Withdawn-rejected

Pertaining to individuals, especially children, who are socially withdrawn and subsequently rejected by their peers.

Isolate

To separate an individual or object from others, either physically or socially.

Prosocial

Behaviors that are intended to benefit others, including acts of kindness, generosity, and cooperation.

Maintaining Prestige

The act of preserving and enhancing one's status, reputation, or respect in the eyes of others.

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