You believe that after you retire in 30 years, you will spend $35,000 a year for 15
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Question:
You believe that after you retire in 30 years, you will spend $35,000 a year for 15 years. If the interest rate is 6% per year, how much should you save each year until you retire to meet your retirement goal? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Annual savings $ =
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: