Question
You are not excited about spending your entire life working. So, you have decided that you will save $5,000 a year, starting at age 22
You are not excited about spending your entire life working. So, you have decided that you will save $5,000 a year, starting at age 22 and retire as soon as you can accumulate $1 million. If you can earn an average of 9 percent on your savings, how old will you be when you get to retire?
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Global Corporate Finance A Focused Approach
Authors: Suk Hi Kim, Kenneth A Kim
2nd Edition
9814618004, 9789814618007
