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You belleve you will need to have saved $480,000 by the time you retire in 30 years In order to IIve comfortably. You also belleve
You belleve you will need to have saved $480,000 by the time you retire in 30 years In order to IIve comfortably. You also belleve that you will Inherlt $115,000 in 5 years. Note: Do not round Intermedlate calculatlons. Leave no cells blank - be certaln to enter "0" wherever required. Round your answers to 2 decimal places. If the Interest rate is 6% per year, what is the future value of your Inheritance at retirement? How much additional money must you save to meet your retirement goal, assuming you save your entire Inherltance
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