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You want to retire exactly 40 years from today with $2,120,000 in your retirement account. If you think you can earn an interest rate of
You want to retire exactly 40 years from today with $2,120,000 in your retirement account. If you think you can earn an interest rate of 10.75 percent compounded monthly, how much must you deposit each month to fund your retirement?
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
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