Question
You believe you will need to have saved $425,000 by the time you retire in 40 years in order to live comfortably. You also believe
You believe you will need to have saved $425,000 by the time you retire in 40 years in order to live comfortably. You also believe that you will inherit $102,000 in 10 years.
If the interest rate is 5% per year, what is the future value of your inheritance at retirement?
Future Value=
How much additional money must you save to meet your retirement goal, assuming you save your entire inheritance?
Additional Savings=
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Crypto Investing Mastery Bible
Authors: Nick Woods ,Chris Collins
1st Edition
1088052207, 978-1088052204
