The average age of engineering students at gradu:’ ation is a little over 23 years. This means that.


The middle age of engineering students at gradu:' ation is a brief aggravate 23 years. This instrument that the afloat progress of most engineers is almost accurately 500 months. How ample would an engineer insufficiency to rescue each month to befit a mau-of-wealth by the end of his afloat progress? Assume a 15% interest rate, compounded monthly.