Question
Sam refuses to retire until his retirement account has a balance of at least $ 320,527 . Sam refuses to make any more deposits in
Sam refuses to retire until his retirement account has a balance of at least $ 320,527 . Sam refuses to make any more deposits in the account. The account currently has a balance of $ 111,602 and earns 6% per year, compounded semi-annually. How long does Sam have before he will retire?
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Finance And Economics Discussion Series The Evolution Of The Demand For Temporary Help Supply Employment In The United States
Authors: United States Federal Reserve Board, Marcello Estevao, Saul Lach
1st Edition
1288717881, 9781288717880
