A retiree requires an annual income of at least $9000 from an investment paying 7.5% annual interest.
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A retiree requires an annual income of at least $9000 from an investment paying 7.5% annual interest. How much should the retiree invest to achieve the desired return?
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0075x 9000 0075x 9000 0075 ...View the full answer
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Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
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