Question
You want to retire 45 years from now and would like to have $1.7 million in your retirement account at that time. You will make
You want to retire 45 years from now and would like to have $1.7 million in your retirement account at that time. You will make equal payments each year to the account.
If you can earn a 6% annual return on your account, how much should you set aside each year?
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Introduction To Finance Financial Management And Investment Management
Authors: Pamela P. Drake, Frank J. Fabozzi, Francesco A. Fabozzi
1st Edition
9811239657, 978-9811239656
