Jason has two retirement objectives. He wants to retire in 30 years. After retirement, he wants monthly

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Jason has two retirement objectives. He wants to retire in 30 years. After retirement, he wants monthly retirement income of $20,000 per month for 20 years and leaves an inheritance of $1,000,000 for his son. If he can earn 11% until retirement and 8% after retirement, how much should he save per month until he retires?

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Personal Finance

ISBN: 978-0134724713

4th Canadian edition

Authors: Jeff Madura, Hardeep Singh Gill

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