Question
You plan to retire in 33 years and can invest to earn 18%. You estimate that you will need Rs 1,000,000 at the end of
You plan to retire in 33 years and can invest to earn 18%. You estimate that you will need Rs 1,000,000 at the end of each year for an estimated 18 years after retirement, and you expect to earn 5% during those retirement years. How much do you need to set aside at the end of each year to accumulate the money needed for your retirement?
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Auditing Cases An Interactive Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
5th edition
132567237, 978-0132998345, 132998343, 978-0132567237
