Question
Stacey would like to have $1 million available to her at retirement. Her investments have an average annual return of 13%. If she makes contributions
Stacey would like to have $1 million available to her at retirement. Her investments have an average annual return of 13%. If she makes contributions of $270 per month, will she reach her goal when she retires in 21 years?
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Mathematical Control Theory And Finance
Authors: Andrey Sarychev, Albert Shiryaev, Manuel Guerra, Maria Do Rosário Grossinho
2008th Edition
3540695311, 978-3540695318
