In 31 years, you would like to have a retirement nest egg of $1.6 million. Assuming your
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Question:
In 31 years, you would like to have a retirement nest egg of $1.6 million. Assuming your savings earn 6.1%,
how much should you save at the end of each year in order to reach your goal in 31 years?
Round to the nearest whole dollar.
Related Book For
Personal Financial Planning
ISBN: 9780357438480
15th Edition
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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