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You would like to have enough money saved to receive a GHC 100,000 per year perpetuity after retirement so that you and your family can
You would like to have enough money saved to receive a GHC 100,000 per year perpetuity after retirement so that you and your family can lead a good life. How much would you need to save in your retirement fund to achieve this goal (assume that the perpetuity payments start one year from the date of your retirement. The interest rate is 10%)? O. GHC 100,000 Ob. None of the above OcGHC 1,000,000 d. GHC 10,000,000
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