Question
I plan to retire in 40 years. My total retirement goal is 1,000,000. Assume my starting annual salary is $117,000 and it grows 5% each
I plan to retire in 40 years. My total retirement goal is 1,000,000. Assume my starting annual salary is $117,000 and it grows 5% each year. What percentage of my salary do I need to save in order to reach my retirement goal?
Please answer with a formula I can use with a Ti-84
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
Arab World Edition
1408271583, 978-1408271582
