You want to have $2.5 million in real dollars in an account when you retire in 40

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You want to have $2.5 million in real dollars in an account when you retire in 40 years. The nominal return on your investment is 10.1 percent and the inflation rate is 3.4 percent. What real amount must you deposit each year to achieve your goal?

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Fundamentals Of Corporate Finance

ISBN: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Aug 24, 2021 05:42 AM

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You want to have $2.5 million in real dollars in an account when you retire in 40

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lultin f the rel munt yu must desit eh yer t hieve yur ...View the full answer

Fundamentals Of Corporate Finance

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