Question
James Perkins wants to have a million dollars at retirement,which is 15 years away.He already has $250,000 in an IRA earning 8.75 percent annually.How much
James Perkins wants to have a million dollars at retirement,which is 15 years away.He already has $250,000 in an IRA earning 8.75 percent annually.How much does he need to save at the end of each year,starting this year,to reach his target? Assume he could earn 9 percent on any investment he makes.(Round to the nearest dollar.)
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Succeeding in Business with Microsoft Excel 2013 A Problem Solving Approach
Authors: Debra Gross, Frank Akaiwa, Karleen Nordquist
1st edition
978-1285099149, 9781285963969, 1285099141, 1285963962, 978-1285715346
