Question
You are now 30 years old and you want to retire at age 60. You expect to live till age 90. If you want to
You are now 30 years old and you want to retire at age 60. You expect to live till age 90.
If you want to receive $2000/month (the first $2000 one month after you retire) during your retirement years and if K = 6% APR compounded monthly, how much will you have to deposit at the end of each month until you retire to achieve your retirement goal?
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Alexander Hamilton On Finance Credit And Debt
Authors: Richard Sylla
1st Edition
0231174012, 978-0231184571
