You decide you want to be a millionaire. You deposit $50,000 in an investment account that earns 9% per year. The money in the account will be distributed to you whenever the total reaches $1,000,000. If you are 27 now, how old will you be when you get the money (rounded to the nearest year)

62 years

Explanation:

PV = -50,000

FV = 1,000,000

I/Y = 9 %

CPT N = ?

So, we use the Financial calculator to find n

N = 34.76

How old I will be when i get the money = 27 + 34.76 =  61.76 ≅ 62 years

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.