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Suppose you want to retire with $955,644 in your account. You plan to make equal installment payments of $29,665 at the end of each semiannual
Suppose you want to retire with $955,644 in your account. You plan to make equal installment payments of $29,665 at the end of each semiannual period and can earn 7.29% per year on savings. How many years must you save before retiring?
Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals. Enter numerical answers as a positive number rounded to 2 decimal places (###.##)
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