Question
Suppose you are 25 years old and would like to retire at age 65, having accumulated a retirement fund from which you could draw
Suppose you are 25 years old and would like to retire at age 65, having accumulated a retirement fund from which you could draw an income of $200,000 per year-forever! How much would you need to deposit each month to do this? Assume a constant APR of 6%.
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College Algebra
Authors: Robert F Blitzer
7th Edition
013449492X, 9780134453262
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