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An investor considers investing for retirement in 30 years. Assuming investment is in the equity markets with an average 9.0% per rate of return. The
An investor considers investing for retirement in 30 years. Assuming investment is in the equity markets with an average 9.0% per rate of return. The investor plan 30 installments of $24,000 investment, starting now (last installment in 29 years, one year prior to retirement. Calculate his retirement fund and the size of an alternative which is make one investment today?
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