Question
Mickey & Minnie have $48 million in cash. Before they retire, they want the $48 million to grow to $117 million. How many years before
Mickey & Minnie have $48 million in cash. Before they retire, they want the $48 million to grow to $117 million. How many years before Mickey & Minnie can retire if they earn 5.4% per annum on their stash of cash? Assume annual compounding. (Enter your answer in years to 2 decimal places, e.g., 12.34)
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
