Question: annuity problem need help asap!! Consider the following information You will work for 42 years and retire b You will live for an additional 25
annuity problem need help asap!!
Consider the following information You will work for 42 years and retire b You will live for an additional 25 years after you retire You estimate that you will need $20,000 per month through your retirement years d You expect to 12% your retirement fund during your working years and 4.5after you retire Now, consider that you estimate the average inflation rate will be 3.00% during your retirement yearsAlso, your salary will grow at average rate of 5.00 during your working years e How you save in the first month of your working years to meet your retirement goals?
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