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show your work 9) You wish to retire in 18 years , at which time , you want to have accumulated enough money to receive
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| 9) | You wish to retire in 18 years , at which time , you want to have accumulated | ||||||||
| enough money to receive an annuity of $14,000 a year for 20 years of retirement. | |||||||||
| during the period before retirement , you can 11% annually - after retirement | |||||||||
| you can earn 8% annually. What annual contributions will allow you to receive | |||||||||
| $14,000 annually. | |||||||||
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Auditing A Modern Approach
Authors: Sanjay Basotia
1st Edition
938092903X, 978-9380929033
