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Mary wants to spend $200,000 a year when she retires in 35 years. She thinks her retirement fund can safely earn 2.0% a year. About
Mary wants to spend $200,000 a year when she retires in 35 years. She thinks her retirement fund can safely earn 2.0% a year. About how much must Mary have in her account when she retires if she wants the account to last for 30 years?
$3,812,899 | ||
$3,074,490 | ||
$4,479,291 | ||
$4,999,724 |
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