Dennis is aged 45 and is planning to retire at 65 year of age.He estimates that he

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Dennis is aged 45 and is planning to retire at 65 year of age.He estimates that he needs $480,000 to provide for his retirement.His current superannuation fund has a balance of $60,000 and is delivering 7%p.a. compounded quarterly.Find the monthly contributions needed to meet the retirement lump sum target.

Posted Date: May 19, 2024 09:07 PM

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Dennis is aged 45 and is planning to retire at 65 year of age.He estimates that he

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