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You are planning for your retirement in 3 years. At that time you want to have enough saved to be able to afford to spend
You are planning for your retirement in 3 years. At that time you want to have enough saved to be able to afford to spend $230,000 per year (starting at time do for 10 years of you live than 10 years your kids will have to support you) How much will you need to have saved by time 39 if the expected interest rate from time 39 to 58 is o percent per year? 2506366.795 Correct pe 2. Suppose that at time 39 you will receive a rement donus of $30.000 from your company of me annum percentage rate (APR) is expected to be percent compounded month, trom now untit time 39. how much would you need to save at the end of each month in order to be able to make the desired withdrawas at retirement (le. In order to have $2.560,300.8, including the bonus saved at time 3977 Number
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