Wednesday, 7 August 2013

You wish to have $1,000,000 at retirement. You have nothing saved now. How much do you need to save per year if you want to retire in 30 years? Assume a 9% interest rate. 1. 6.221 2. 6944 3. 7336 4. 8110 5. 11230

You wish to have $1,000,000 at retirement. You have nothing saved now. How much do you need to save per year if you want to retire in 30 years? Assume a 9% interest rate.
 
         
1.
6.221
 

2.
6944
 

3.
7336
 

4.
8110
 

5.
11230
 


Answer
7336

No comments:

Post a Comment