Question: I've posted this before and they got it wrong In wisely planning for your retirement, you invest $33,000 per year for 20 years into a
I've posted this before and they got it wrong
In wisely planning for your retirement, you invest $33,000 per year for 20 years into a 401K tax-deferred account. Assume you make a real return of 10% per year when the inflation rate averages 32% per year. How many future dollars will you have in the account immediately after your last deposit? You will have $ future dollars in your account immediately after your last deposit
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