Saving for Retirement. You plan to retire in 40 years. To provide for your retirement, you initiate
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Saving for Retirement. You plan to retire in 40 years.
To provide for your retirement, you initiate a savings program of $4,000 per year yielding 7 percent. What will be the value of the retirement fund after 40 years?
(Hint: Use Appendix A.3 or visit the Garman/Forgue companion website.)
AppendixLO1
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Personal Finance Tax Update
ISBN: 9780357438947,9780357438930
13th Edition
Authors: E. Thomas Garman , Raymond Forgue
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