Mickey & Minnie have $48 million in cash. Before they retire, they want the $48 million to
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Mickey & Minnie have $48 million in cash. Before they retire, they want the $48 million to grow to $117 million. How many years before Mickey & Minnie can retire if they earn 5.4% per annum on their stash of cash? Assume annual compounding. (Enter your answer in years to 2 decimal places, e.g., 12.34)
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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