Question
I want to retire as a millionaire with the investment of $100,000. How much do I need to put away? Please provide the formula. If
I want to retire as a millionaire with the investment of $100,000. How much do I need to put away? Please provide the formula.
If I was to use common stock with a return of ___% What is the formula?
Corporate bonds and an average return of ___% What is the formula?
government bonds and an average return of ____% What is the formula?
CD with a ___% What is the formula?
Note: Can this be used in excel as a formula as well?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
