Question
1- You have $500,000 saved for retirement. Your account earns 10% interest. How much will you be able to pull out each month, if you
1- You have $500,000 saved for retirement. Your account earns 10% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 20 years?
2- Suppose you want to have $600,000 for retirement in 20 years. Your account earns 7% interest. How much would you need to deposit in the account each month?
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The Crowdfunding Handbook Raise Money For Your Small Business Or Start Up With Equity Funding Portals
Authors: Cliff Ennico
1st Edition
081443360X, 978-0814433607
