Question: If you start from scratch, how much will you have to save each year to have $237,000 in 14 years if you can earn a
If you start from scratch, how much will you have to save each year to have $237,000 in 14 years if you can earn a 8 percent rate of return on your investments? Calculate your answer based on the FVA-factor.
I am new to finance and have been struggling with this one for a long time. I appreciate any help I can get.
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