Question
You want to have $1,000,000 when you retire in 40 years. You believe you can earn 10% per year on your investment. How much must
You want to have $1,000,000 when you retire in 40 years. You believe you can earn 10% per year on your investment. How much must you put away each year to achieve your goal when you retire? (Ignore all taxes)
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
