Annet wants to take the next five years off work to travel around the world. She estimates her annual cash needs at $40,000 (if she needs more, she'll work odd jobs). Annet believes she can invest her savings at 10% until she depletes her funds.
How much money does Annet need now to fund her travels?

Question

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The Answer of Annet wants to take the next five years off work to travel around the world. She estimates her annual cash needs at $40,000 (if she needs more, she'll work odd jobs). Annet believes she can invest her savings at 10% until she depletes her funds.
How much money does Annet need now to fund her travels?

Annet Wants to Take the Next Five Years Off Work