Question
How much must you deposit each year into your retirement account starting now and continuing through year 13 if you want to be able to
How much must you deposit each year into your retirement account starting now and continuing through year 13 if you want to be able to withdraw $95,000 per year forever, beginning 27 years from now? Assume the account earns interest at 9% per year.
The amount to be deposited is determined to be $
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The Handbook Of Structured Finance
Authors: Arnaud De Servigny, Norbert Jobst
1st Edition
0071468641, 978-0071468640
