Description of this paper

You are 25 years old and need to have $1,000,000 in savings before you retire at age 75.

Description

solution


Question

You are 25 years old and need to have $1,000,000 in savings before you retire at age 75. You estimate you will receive an annual return of 8% on your investment.;b. How much do you need to put into retirement savings on an annual basis if you get an annual return of 10%?;Additional Requirements;Level of Detail: Only answer needed

 

Paper#21117 | Written in 18-Jul-2015

Price : $22
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