Once they retire John and Mary expects to live for 25 years. If we assume that the
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Once they retire John and Mary expects to live for 25 years. If we assume that the real rate of return on their investment post retirement will be 3%, how much will John and Mary need to save once they retire to ensure they don't run out of money (once again, please ignore income tax.)?
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Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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