Question
Min has decided that she would like to spend $57,600 per year in retirement. If she expects to be retired for 24 years, and her
Min has decided that she would like to spend $57,600 per year in retirement. If she expects to be retired for 24 years, and her investments will continue to earn 5% in retirement, how much does she have to have accumulated before she can retire?
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Financial Management
Authors: Geoffrey Knott
4th Edition
1403903824, 9781403903822
