Question
You want to receive $5,000 per month in retirement. If you can earn 0.75% per month and you expect to need the income for 25
You want to receive $5,000 per month in retirement. If you can earn 0.75% per month and you expect to need the income for 25 years, how much do you need to have in your account at retirement?
| a. | $159,431.75 | |
| b. | $173,951.75 | |
| c. | $1,500,000 | |
| d. | $595,808.11 | |
| e. | $234,375.00 |
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The Handbook Of Hybrid Securities Convertible Bonds CoCo Bonds And Bail In
Authors: Jan De Spiegeleer, Wim Schoutens, Cynthia Van Hulle
1st Edition
1118449991, 978-1118449998
