Question: Problem 7 - 3 1 Real Cash Flows [ LO 4 ] You want to have $ 2 million in real dollars in an account
Problem Real Cash Flows LO
You want to have $ million in real dollars in an account when you retire in years. The nominal return on your investment is percent and the inflation rate is percent. What real amount must you deposit each year to achieve your goal? Do not round intermediate calculations and round your answer to decimal places, eg
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