Business, 05.02.2021 21:40 hntnhtthnyt
You will retire exactly 20 years from now. You have determined that you will need $80,000 immediately upon retirement, and another $80,000 at the beginning of each of the following 29 years. Assuming that you can earn 6% per year (annual compounding) on your money, what amount set aside now would be sufficient to fund your retirement spending plans?
Answers: 1
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You will retire exactly 20 years from now. You have determined that you will need $80,000 immediatel...
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