Question: Please put the answer not just an explanation on how to do it. You are planning to start investing so that you can retire in
Please put the answer not just an explanation on how to do it.
- You are planning to start investing so that you can retire in 20 years. If you would like to have $2380394 when you retire and if you think you can earn 8.22% per year on average, how much will you have to deposit each week to meet your goal? Enter only numbers and decimals in your response. Round to 2 decimal places.
2. You have received an inheritance which will pay you $4385 every month for 21 years. If the relevant rate is 7.78% per year. How much is it worth today? Enter only numbers and decimals in your response. Round to 2 decimal places. Use your financial calculator.
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