Siri plans to retire when her simple annuity savings account has enough money to receive $10 000.00

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Siri plans to retire when her simple annuity savings account has enough money to receive $10 000.00 per month for twenty years starting at the start of the first month after her retirement. She starts saving $4420 per month.

Calculate when should Siri retire from today if her savings account pays 4.9% compounded monthly using the financial calculator.

Related Book For answer-question

Fundamentals Of Investing

ISBN: 9780135175217

14th Edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Posted Date: Jun 22, 2023 01:53 AM

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Siri plans to retire when her simple annuity savings account has enough money to receive $10 000.00

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Fundamentals Of Investing

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