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Methusaleh of the Bible lived to be 969 years old, longer than any other person...

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Methusaleh of the Bible lived to be 969 years old, longer than any other person in recorded history. Methusaleh's father Enocl was noted for being a righteous man. Let's assume he was also a finance-conscientious man as well. At the age of 10, Enoch put Methusaleh to work and paid him $20 a month. He taught Methusaleh to both save his money and to give his money to support those in need. So, Methusaleh gave $5 to those in need each month and put $5 in the Euphrates River Bank each month The other $10 was his to buy arrows, food, and Garden of Eden trading cards. Assuming no increase in wages, no inflation, and a conservative 3% annual rate of return (interest paid monthly), how much would Methusaleh have been able to pass on to his grandson Noah upon his death? Steve Austin (The Six Million Dollar Man) is tired of being known as the Cyborg that COST six million dollars, he wants to HAVE six million dollars. As a secret agent, Steve makes $130,000 a year and is willing to save half of his income each year to achieve his goal. Assuming that Steve is 30 and would like to head to the Florida Cyborg Retirement Village at age 59, what rate of return will he need to receive

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