Question
You plan to retire in 30 years and want to accumulate enough by then to have $30000 per year for 15 years. You really want
You plan to retire in 30 years and want to accumulate enough by then to have $30000 per year for 15 years.
You really want to consume $30000 a year in real dollars during retirement and wish to save and equal real amount each year until then. What is the real amount of savings that you need to accumulate by the time you retire ?
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International financial management
Authors: Jeff Madura
13th edition
978-1337099738, 1337099732, 9781337515894, 1337515892, 978-1337587211
