Question
You now 28 years old and have completed your MBA. A successful career is underway, now it's time to do some retirement planning. You would
You now 28 years old and have completed your MBA. A successful career is underway, now it's time to do some retirement planning. You would like to have $2,000,000 in your IRA account at age 65, and you anticipate the interest rate earned will be 7.5%. How much should you deposit into your IRA each year to attain your retirement goal? Show all steps.
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How To Understand Business Finance
Authors: Bob Cinnamon, Brian Helweg-Larsen
2nd Edition
0749460202, 978-0749460204
