Question
You are planning to start investing so that you can retire in 29 years. If you would like to have $1944477 when you retire and
You are planning to start investing so that you can retire in 29 years. If you would like to have $1944477 when you retire and if you think you can earn 11.88% per year on average, how much will you have to deposit each week to meet your goal? Enter only numbers and decimals in your response. Round to 2 decimal places.
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
To reach your goal of having 1944477 in 29 years you will need to deposit 9726 each week This calcu...
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
