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Terry plans on retiring in 29 years. Currently, he has $75,000 saved in an account. However, Terry plans on re-balancing his investments and buying aggressive
Terry plans on retiring in 29 years. Currently, he has $75,000 saved in an account. However, Terry plans on re-balancing his investments and buying aggressive growth mutual funds. The new portfolio will generate a rate of return of 5% a year. If Terry can contribute an additional $400 a month to the new funds, how much will he have saved when he retires in 29 years
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
