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Carl has $60,000 in his RRSP and 20 years until he plans to retire. How much does Carl need to save each month to
Carl has $60,000 in his RRSP and 20 years until he plans to retire. How much does Carl need to save each month to accumulate 1100,000 in his RRSP by his planned retirement. Assume he will be able to get a 2.4 % annual real rate of return on his investments. Input your answer to the nearest dollar.
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
4th Edition
1439078084, 978-1439078082
