A graduate went to her financial advisor and informed him that she is 27 years old and
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A graduate went to her financial advisor and informed him that she is 27 years old and would like to retire when she is 60 and want to have $4, 700 per month for 25 years after retirement. If money is worth 4.75% what is the lump sum payment that the graduate should make today in order to achieve this goal?
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Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Question Posted:
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