You estimate you will need $3,901,336 in 22 years. How much do you need to save...
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You estimate you will need $3,901,336 in 22 years. How much do you need to save on a yearly basis in order to achieve your goal. Consider that prevailing interest rate is 7%. Round your answer to the nearest two decimals if necessary. Do not type the $ symbol. You estimate you will need $3,901,336 in 22 years. How much do you need to save on a yearly basis in order to achieve your goal. Consider that prevailing interest rate is 7%. Round your answer to the nearest two decimals if necessary. Do not type the $ symbol.
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Related Book For
Money Banking and Financial Markets
ISBN: 978-0078021749
4th edition
Authors: Stephen Cecchetti, Kermit Schoenholtz
Posted Date:
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