You would like to retire in 30 years and you have calculated that you will need to
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Question:
You would like to retire in 30 years and you have calculated that you will need to save $2 million dollars by then to retire comfortably. How much must you put into your retirement savings account at the end of each month between now and retirement (assume an interest rate of 3.5% quarterly)?
Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
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