On the previous slide you should have gotten
$125,400.
So at 65 years old, I would have that...
Mathematics, 26.03.2021 21:50 ajyoung3142005oztpya
On the previous slide you should have gotten
$125,400.
So at 65 years old, I would have that much money to
live on for the rest of my life. Suppose "the rest of my
life" is 20 years.
a. How much money would I have to spend every year
once I retire?
b. How much money would I have to spend every
month once I retire?
c. Do you think that would be enough money for me to
live on for 20 years?
Answers: 2
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