Xavier is an engineer who believes in save now and play later. He wants to retire from full employment in 16 years with $2.4 million.
Xavier is an engineer who believes in "save now and play later." He wants to retire from full employment in 16 years with $2.4 million. At 10% per year interest, how much does he have to invest each year (starting in year 1) to reach the $2.4 million goal? (Enter your answer in dollars and not in millions of dollars.)
Xavier has to invest how much money each year?
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Authors: Marsh, Lee Shaiman, Bridget Marsh
2nd Edition
1264258526, 978-1264258529
