Question
You feel that you will need $1.8 million in your retirement account and when you reach that amount, you plan to retire. You feel you
You feel that you will need $1.8 million in your retirement account and when you reach that amount, you plan to retire. You feel you can earn an APR of 9.8 percent compounded monthly and plan to save $245 per month until you reach your goal. How many years will it be until you reach your goal and retire?
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Handbook On Corporate Governance In Financial Institutions
Authors: Christine A. Mallin
1st Edition
1784711780, 978-1784711788
