Question
how to use baii-plus to do this question use bgm? Acouplewillretirein50years.Theyplantospendabout$30,000ayearinretirement,whichshouldlastabout25years.Theybelievethattheycanearn8%interestonretirementsavings.Iftheymakeannualpaymentsintoasavingsplan,howmuchwilltheyneedtosaveeachyear?Assume,thefirstpaymentcomesinoneyear.
how to use baii-plus to do this question use bgm?
Acouplewillretirein50years.Theyplantospendabout$30,000ayearinretirement,whichshouldlastabout25years.Theybelievethattheycanearn8%interestonretirementsavings.Iftheymakeannualpaymentsintoasavingsplan,howmuchwilltheyneedtosaveeachyear?Assume,thefirstpaymentcomesinoneyear.
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
