Carl has decided that he would like to spend $36,000 per year in retirement. If he is eligible to receive $16,000 per year from Social Security, he expects to be retired for 21 years, and his investments will continue to earn 10.3% in retirement, how much does he have to have accumulated before he can retire?

Answer rating: 100% (QA)

A B C 17 IF AMOUNT NEED IF AMOUNT NEED 18 BEGINNING OF PERIOD END OF PERIOD 19 INTE... View the full answer