Burton Bush wants to retire in Arizona when he is 80 years of age. Burton, who...
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Burton Bush wants to retire in Arizona when he is 80 years of age. Burton, who is now 55, believes he will need $400,.000 to retire comfortably. To date, he has set aside no retirement money. If he gets an interest rate of 6% compounded annually, he will have to invest today (use the tables in the handbook): O $92.300 O S69,900 O S96.500 O $93,200 O None of these Burton Bush wants to retire in Arizona when he is 80 years of age. Burton, who is now 55, believes he will need $400,.000 to retire comfortably. To date, he has set aside no retirement money. If he gets an interest rate of 6% compounded annually, he will have to invest today (use the tables in the handbook): O $92.300 O S69,900 O S96.500 O $93,200 O None of these
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