If you want to live on the equivalent of $100,000 per year (in today's term) how...
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If you want to live on the equivalent of $100,000 per year (in today's term) how much money will you need 25 years from now, at 3.5% inflation? O 199.009.00 O 236,324.00 O288,011.00 274,917.00 Question 2 Your friend decides that he needs to receive a retirement payment of 70,000 dollars per year from a retirement fund that is projected to earn 8.5% per year. He is planning on a 20 year retirement. How much money does he need to have on hand when he retires, in order to fund this? O662433.00 O 713,908.00 O 580,601.00 O 1.231,099.00 If you want to live on the equivalent of $100,000 per year (in today's term) how much money will you need 25 years from now, at 3.5% inflation? O 199.009.00 O 236,324.00 O288,011.00 274,917.00 Question 2 Your friend decides that he needs to receive a retirement payment of 70,000 dollars per year from a retirement fund that is projected to earn 8.5% per year. He is planning on a 20 year retirement. How much money does he need to have on hand when he retires, in order to fund this? O662433.00 O 713,908.00 O 580,601.00 O 1.231,099.00
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Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
Posted Date:
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