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Solve using excel. Diana Price is looking for a new job. She is currently 50 and wants to retire at age 60. She has saved
Solve using excel.
Diana Price is looking for a new job. She is currently 50 and wants to retire at age 60. She has saved and invested well so she currently has $1,500,00 in savings She estimates that her family's living expenses are about $120,00 per year (Starting in Year 1) and will remain at this level throughout her life. According to her actuary friends, she can expect to live to age 100 if she finds a safer job. Her expected rate of return on her investments is 6% . How much will she need to earn annually at her new job for the next 10 years to fund her planStep by Step Solution
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