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You are trying to decide how much to save for retirement. Assume you plan to save $5000 per year, with the first investment made one
- You are trying to decide how much to save for retirement. Assume you plan to save $5000 per year, with the first investment made one year from now. You think you can earn 10% per year on your investments and you plan to retire in 43 years, immediately after making your last $5000 investment. How much will you have in your retirement account on the day you retire? Round your response to the nearest dollar.
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ISE Analysis For Financial Management
Authors: Robert C. Higgins Professor, Jennifer Koski
13th International Edition
1265042632, 9781265042639
