Question
Frank is 24. He hopes to retire at 66 and draw $3,000 (at 4% interest) a month until he is 92. At age 70, Frank
Frank is 24. He hopes to retire at 66 and draw $3,000 (at 4% interest) a month until he is 92. At age 70, Frank plans to use $20,000 to relocate. How much should Frank put away each month (At 11% interest) to meet his goal?
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The International Handbook Of Shipping Finance
Authors: Manolis G. Kavussanos, Ilias D. Visvikis
1st Edition
113746545X, 978-1137465450
